William Sitar, Jr

William Sitar Jr., Esq., is an Executive Vice President of Sitar Realty Company, a full-service commercial real estate firm based in New Jersey. Prior to joining the Company, Mr. Sitar served as equity analyst at Solomon Smith Barney, clerked for Honorable Alan A. Rockoff and Honorable John S. Kuhlthau in the Superior Court of New Jersey and was a partner at the law firm of Mandelbaum & Mandelbaum. In his role as Executive Vice President, Mr. Sitar leverages his 25 years of experience in the areas of real estate brokerage, legal services, and development work. Bill’s local market expertise and legal experience enable him to provide comprehensive corporate and commercial real estate solutions for his clients, including Mack Boring, Northeast Carpenters, Jordache Holdings, and Brady Sullivan Properties, among others. Among Mr. Sitar’s most recent transactions include work in the industrial sales and leasing sector exceeding 20 million SF. Bill is also very active in the self-storage sector having sold numerous storage facilities throughout the Northeast and Midwest. Notable transactions include the sale of a 265,000 SF redevelopment project in Carteret to a Chicago based REIT; a 157,633 SF industrial lease for Fortunoff Holdings; the sale of a 340,000 SF industrial building to an Los Angeles based industrial REIT; and the sale of a Pennsauken industrial portfolio to a NYC based industrial REIT. Mr. Sitar has also worked on numerous corporate real estate transactions for such companies as Walgreen’s, Marriott Hotels, Office Depot, Preferred Freezer Services, and NetJets Inc. over his career. Bill is a licensed New Jersey real estate salesperson and broker. Mr. Sitar has a law license in both New Jersey and Pennsylvania. He has been published in the Tax Court and New Jersey Superior Court reports and has argued before the New Jersey Supreme Court in 2nd Roc vs. Morristown. In 2017 and 2018, has been recognized as an “CoStar Power Broker” by Real Estate New Jersey. Bill is also on the Board of Directors of TCN Worldwide Network. Mr. Sitar is also a Counselor of Real Estate.

• Specialties
  Investment Sales Broker, Tenant Rep
• Markets
  New York City, Northern New Jersey, Philadelphia, Wichita
• Property Types
  Industrial, Land, Office, Retail, Flex, Specialty
• Awards
  2018 Power Broker Award
• Websites
  OTHERLINKEDIN PROFILE
• Company Website
  Visit Site
• Education
  Peter's College (Master of Business Administration) Seton Hall University (J.D.) Boston College (Bachelor of Arts)
• Organizations
  SIOR - Society of Industrial and Office Realtors