Terry Frassetto

Terry Frassetto

President, Saddleback Real Estate Developers

Fairfield, NJ 07004

Phone (973) 227-3333

President of Saddleback Real Estate Developers
Specialties
Investment Sales Broker
Property Types
Industrial
Markets
Northern New Jersey
Bio
Terry Frassetto’s diverse commercial real estate career reflects the full breadth of industrial and commercial property acquisition, development, and management. From financing, marketing, lease negotiations, facilities management to construction management, tenant fit-out and capital projects, Terry has managed a range of industrial, mixed-use and office products. These include Class A and trophy assets. Frassetto became a principal of Saddleback Real Estate Developers in 2013. Saddleback owns and manages over 20 industrial properties and has developed more than 20 million square feet of industrial real estate in New Jersey. Saddleback additionally specializes in revitalizing distressed properties and is positioned for quick closings. His extensive career as a property manager began at Saddleback Management Corporation in the late 1980s where he managed two million square feet of office and industrial space. Later, he helped Cushman & Wakefield Property Management Group, formerly Cassidy Turley, greatly expand its portfolio in the Washington DC and Northern New Jersey markets. Terry came to New Jersey in a senior leadership role for the firm to carry out financial business development, marketing, and management responsibilities for their extensive commercial real estate holdings in northern New Jersey. He expanded Cushman & Wakefield’s real estate portfolio with over 3.5 million square feet of primarily industrial assets. Terry eventually added real estate development to his dossier, bringing industrial flex building projects to life, with oversight of all aspects of development and management. These capital improvement projects included renovating a four-level underground parking garage with 11 stories of office space above it. This included additions that maximized the assets’ floor area ratio while enhancing tenancy opportunities and upgrading the properties. Terry has consistently held responsibility for managing people and place, learning building operations and mechanicals alongside human resources, construction, and financing – this background enables him to work with clients and industrial or commercial properties of any size.
Education
Pace University
Affiliations
  • CCIM - Certified Commercial Investment Member
  • NAIOP - National Association of Industrial and Office Properties
  • BOMA - Building Owners and Managers Association
  • IOREBA - Industrial and Office Real Estate Brokers Association