Accordia's latest hire adds Recine to growing team

Accordia continues to bolster its team, bringing on former JLL Executive Managing Director Frank Recine as principal.

The Fairfield-based real estate firm announced Recine's addition May 14. With more than 20 years' experience, the well-known broker comes to the role with unparalleled expertise and a track record of success.

Accordia is noteworthy for creating and developing mixed-use and “smart growth” projects with an eye toward bringing value to aging areas. With the firm focused on growth, this hiring follows the April addition of Matthew

, another recruit from JLL.



"Frank’s profound industry knowledge, reputation and remarkable ability to forge strong client relationships make him a perfect fit for Accordia as we look to expand our reach throughout the Northeast and the Sun Belt and deepen our market impact,” Founding Principal Jason stated.“His leadership qualities and strategic vision will be invaluable."

At JLL, Recine played a pivotal part in shaping markets throughout the U.S., Accordia said. Citing his strong background in transaction structures, lease negotiations and consulting services, the firm said Recine's work has involved more than 14 million square feet of space and over $3 billion in total lease transaction value.

Before JLL, Recine spent 13 years at Newmark, where he became the youngest principal in the firm.

Throughout his career, high-profile clients have included: Ferrari North America, DHL, Gucci, Yang Ming Shipping, The RealReal, Fresenius Medical and WebMD, among others.

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DYK ?

Frank Recine is also co-founder of Cedar Knolls-based GTL Construction. Launched in 2012, the general contractor specializes in interior and ground-up construction. The firm has completed a variety of high-profile commercial projects throughout the state .

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According to Recine, the secret to his success is the longstanding relationships he's forged along the way. "My mantra has always been to surround yourself with great people, who have passion for what they do, and great things will happen,” he said.

In a statement, JLL Executive Managing Director Tim Greiner congratulated Recine on the new role. "Frank and I have shared a remarkable 12-year journey together, and I extend my heartfelt congratulations to him as he embarks on a new chapter with Accordia," he said. "Frank's unwavering dedication and expertise within our brokerage team at JLL was instrumental in our success. As he transitions to Accordia, I have no doubt that he will bring his exceptional skills and industry knowledge to help lead their growth and development."

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Looking at leases

Accordia closed out 2023 with a number of North Jersey transactions:

• Greenbrook Executive Center (Accordia headquarters), Fairfield - 203,028-square-foot, Class A office building
  
  
  
  
  
  • ConnectiveRx - short term renewal, 19,371 square feet
  
  
  
  • Dwyer, Connell & Lisbona LLP - five-year renewal, 7,731 square feet
  
  
  
  
  
  



• River Drive II , Elmwood Park - 85,000-square-foot, Class A office building
  
  
  
  
  
  • Bridgeway Behavioral Health - five-year lease
  
  
  
  • Aptitude Development - more than 7,000 square feet
  
  
  
  
  
  



• The Shoppes at Godwin Park , Midland Park - mixed-use with 14 retail units
  
  
  
  
  
  • Flawless Nails and New Jersey Cabinet Distributors brought property to 95% leased
  
  
  
  
  
  

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Bogart added that Recine's expertise will be "crucial" as Accordia continues to focus on its strategic expansion and rebranding. "His role will involve leading initiatives that align with Accordia’s commitment to innovation, sustainability and superior investment performance," Borgart said.

Recine said the move is a pivotal point is his career, joining a company "with a robust strategic vision and poised for significant growth."

"I look forward to leveraging my experiences and insights to drive success at Accordia and expand our portfolio across new and thriving markets," he said.

'The perfect fit'

Recine's appointment was preceded by 's in April, who joined as executive vice president, Acquisitions and Capital Markets.

His work aims to expand Accordia's portfolio through strategic acquisitions. will focus on the Northeast, Southeast and markets across the U.S. He oversees capital markets functions, including financing strategy and capital sourcing for all acquisitions and developments. He also serves as primary relationship manager with the firm’s key investment partners, according to Accordia.



“Matt’s experience, impressive track record and deep knowledge of East Coast real estate markets make him the perfect fit for Accordia as we expand our presence from North Jersey right down to the Sun Belt region,” said when the announcement was made.

Throughout his career, has facilitated more than $6 billion in transactions.

“With over a decade of experience in the commercial real estate industry, I’ve gained a deep knowledge of and a unique appreciation for New Jersey’s many opportunities for smart investment,” shared. “I’m looking forward to leveraging my experience to grow Accordia’s Northeast and East Coast presence.”

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