Member

Douglas Sitar

Personal Info

Job Function
Broker, TCN Principal
Specialty
Office, Property Management, Retail
Address
1481 Oak Tree Road
Iselin, NJ 08830-1625
United States
Phone
732-623-2135
Fax
732-283-3013
Bio

Douglas J. Sitar, Esq. is a Senior Vice President with Sitar Realty Company. In his role as Senior Vice President, Mr. Sitar uses his knowledge and experience with the laws governing corporate financing and real estate transactions to provide his clients with the competitive advantage in commercial real estate services.

Prior to joining the Company in 2000, Mr. Sitar worked as a commercial real estate attorney for one of New Jersey’s leading law firms, Brach, Eichler, Rosenberg, Silver, Bernstein, Hammer & Gladstone, PC.

Some of Mr. Sitar’s more notable transactions include an industrial lease for 330,000 sq. ft., the sale of a 40 acre landfill site to JG Petrucci Inc., the disposition of a $350 Million portfolio of real estate, the sale of a ground lease with a 375,000 sq. ft. office building to Mack-Cali, and the successful leasing of over 400,000 sq. ft. of space in an office complex in Monmouth County. In addition, he has completed lease transactions with the following retail tenants: Walgreens, McDonald’s, Chase Bank, Horion Connect, Karl’s Appliances, Five Guys Restaurant, Restaurant Depot, Office Depot, Two Rivers Community Bank, Dunkin’ Donuts, and Kindercare.

Mr. Sitar is a licensed New Jersey real estate broker/salesperson in New Jersey and a licensed broker in New York. Doug is a member of both the New York and New Jersey State Bar Associations. In 2008, he was recognized as an “All-Star Commercial Real Estate Broker” by Real Estate New Jersey. Mr. Sitar holds a J.D. from Vermont Law School and a Bachelor of Arts degree from the University of Vermont located in Burlington, Vermont.

Prior Deals

Partial Client List:

Horizon Blue Cross/Blue Shield NJ
New Jersey Natural Gas
State of New Jersey
US Realty Corporation
The Silverman Group
Karl’s Appliances
Kindercare
Verizon Wireless
School of Rock
Quick Chek
McDonalds
WaWa