Matt Grundy

Matt Grundy

Managing Director, Ripco Real Estate

Elmwood Park, NJ 07407

Phone (201) 777-2296

Specializing in Northern NJ Commercial Retail Real Estate. Serves as a Managing Director for Ripco Real Estate.
Specialties
Investment Sales Broker, Landlord Rep (Retail), Tenant Rep (Retail)
Property Types
Retail
Markets
Northern New Jersey
Bio
Matt Grundy joined RIPCO in July 2015 and has extensive experience representing landlords, developers, and tenants throughout New Jersey. Matt has a track record of finalizing deals with national tenants. In 2021, Matt was thrilled to watch Lidl (29,000 SF) open in Pompton Lakes after securing a deal with them for a long-time vacant anchor space. Additionally, Matt has been proud to work on the leasing of the North Village Shoprite development in Sparta. Matt’s exclusive landlord representation includes local and regional private owners, as well as a number of publicly-traded REITs. He has exclusively represented shopping centers owned by Urban Edge Properties (NYSE: UE), Urstadt Biddle Properties Inc. (NYSE: UBA) & Kimco Realty Corp (NYSE: KIM). On the tenant side of his business, Matt has been successful in representing The UPS Store in 20+ deals, Xponential Fitness in 8+ deals, and is leading the charge in the NJ expansion of Teriyaki Madness. In 2021, Matt was instrumental in helping Verizon Wireless open a flagship store in American Dream Mall, as well as helping his national self-storage client purchase a high-profile site on Route 46 in Denville. Matt understands whether working with landlords or tenants, the most important aspect of his business is developing lasting relationships which lead to successful deals.
Education
Montclair State University (B.S.)
Affiliations
  • International Council of Shopping Centers (ICSC)