Business Details
20 Years
experience
Your Trusted Commercial Real Estate Partner in Newark, NJ
Assurance Realty Grou is an entrepreneurial-driven, privately owned commercial real estate brokerage and advisory firm founded in 2006 by industry veterans. Headquartered in Newark, NJ, our principals bring decades of combined experience in real estate advisory, investment, brokerage, financing, and development. We specialize in tenant representation, landlord representation, investment sales, and economic incentives consulting, serving clients of all sizes with a focus on local expertise and national reach. Our approach combines comprehensive transaction evaluation, personalized service, and a commitment to honesty and integrity. We prioritize client success through creative solutions tailored to complex deal structures, leveraging deep market knowledge of Newark and surrounding regions.With a diverse platform of services, we act as dedicated advocates for tenants, landlords, investors, and developers. Our team includes licensed professionals with advanced degrees and affiliations in real estate, finance, and business strategy. We maintain operational excellence through integrated finance, IT, and customer care systems. Our track record includes transactions for prominent clients like Audible, Prudential, and Liberty Mutual Insurance. In an evolving economic landscape, our mission remains to deliver value-added opportunities through trusted expertise and community-focused real estate solutions.
Services
Tenant Representation
Landlord Representation
Investment Sales
Bank REO Services
Charter School Services
Economic Incentives Consulting
Title Services
Development Consulting
Public Finance
Receivership Services
Details
- Year established: 2006
Highlights and features
- We offer 30+ years of Newark market expertise through our founding principals
- Our team includes licensed real estate professionals with advanced finance degrees
- We provide personalized service combining brokerage and advisory capabilities
- We maintain a 100% client-focused approach with no hidden fees
- Our principals have completed transactions for Fortune 500 companies and major institutions
Services
Tenant Representation
We advocate for tenants seeking commercial space, leveraging market expertise to negotiate optimal lease terms. Our services include site selection, financial analysis, and lease structuring tailored to business requirements. With decades of Newark market experience, we help clients secure spaces that align with operational needs and growth strategies.
Landlord Representation
Our team maximizes property value through strategic leasing solutions for landlords. We provide market analysis, tenant acquisition, and lease negotiation services. With proven success in leasing office and industrial properties, we help property owners achieve optimal occupancy rates and rental income.
Investment Sales
We facilitate commercial property transactions for investors and owners. Our services include valuation analysis, marketing strategies, and transaction management. With extensive experience in Newark's evolving market, we connect buyers and sellers to execute deals that maximize investment returns.
Title Services
We provide comprehensive title insurance solutions for commercial real estate transactions. Our licensed professionals ensure clear property titles and mitigate legal risks. This service protects clients' investments through thorough title searches and insurance coverage during property transfers.
Economic Incentives Consulting
Our experts help clients navigate New Market Tax Credits and other economic incentives. We identify eligibility opportunities and facilitate applications for financial benefits. This service enables businesses to reduce costs and enhance project viability through available government incentive programs.
People
David B. Berkowitz
Co-Founder and Managing Principal
David Berkowitz co-founded Assurance Realty Grou and has over 30 years of Newark real estate experience. He specializes in advisory services, investment brokerage, and development, holding an MBA from Columbia University and a NJ real estate license.
Alan S. Wellman
Broker of Record
Alan Wellman co-founded the firm and oversees operations with 15+ years in real estate and 30+ years in business management. He holds an MBA from NYU Stern and has experience in finance, IT, and corporate strategy across multiple industries.
Jon A. Karnick
Principal
Jon Karnick specializes in office and industrial real estate with 20+ years of experience. He represents major corporations and institutions, holding a Business Administration degree from Farleigh Dickinson University and a proven track record in client representation.
Andy Parella
Senior Vice President
Andy Parella brings 20+ years of commercial real estate experience, focusing on office and industrial leasing. He previously worked at CBRE and Cushman & Wakefield, managing large property portfolios and corporate banking relationships in New Jersey and Florida.
Questions
What commercial real estate services do you offer?
We provide tenant representation, landlord representation, investment sales, title services, economic incentives consulting, and specialized advisory services for commercial real estate transactions in Newark and surrounding areas.
How long has Assurance Realty Group been in business?
Our firm was founded in 2006 by industry veterans with decades of combined experience in commercial real estate advisory, brokerage, and development services.
What areas do you serve?
We primarily serve Newark and Red Bank, NJ, with expertise across Northern and Central New Jersey. Our services also extend to Palm Beach County, Florida through our team's experience.
What makes your firm different from other real estate companies?
Our unique combination of local market expertise, personalized service, and comprehensive transaction evaluation sets us apart. We focus on creative solutions that benefit all parties in commercial real estate deals.
Do you work with both tenants and landlords?
Yes, we represent both tenants seeking commercial space and landlords looking to lease or sell properties, providing balanced expertise that benefits all transaction parties.
How do you handle complex real estate transactions?
Our principals evaluate transactions from multiple perspectives to optimize value, leveraging decades of experience in Newark's market and proven success in navigating complicated deal structures.
