Russell B. Bershad

Russell Bershad is a senior Director in the Gibbons Real Property Department. He is the immediate Past Chair of the Department, which he led for over 15 years. Mr. Bershad continues to lead the transactional real estate practice within the Real Property Department. The transactional real estate practice is ranked in Tier 2 nationally and in Tier 1 in New Jersey by US News & World Report/Best Lawyers.

Mr. Bershad is one of fourteen “Band 1” real estate attorneys in New Jersey recognized by Chambers USA Guide to America’s Leading Law Firms. He is listed in NJBIZ magazine’s 2016 “Power 75 Real Estate List” of leading individuals in real estate in New Jersey. In addition, Mr. Bershad is named by New Jersey Super Lawyers as the “Real Estate Lawyer of the Year” of the Newark Region for 2017 and has been included in its list of New Jersey Super Lawyers in real estate for over a dozen years. He has been listed in Best Lawyers® for many years and is one of a select group of New Jersey lawyers elected for membership in the American College of Real Estate Lawyers.

Some of Mr. Bershad’s representative matters include:

• • Representing an international pharmaceutical company in acquiring and developing its new domestic US headquarters and disposing of its former office locations. The headquarters comprises over 660,000 square feet in its first phase, with over 150,000 square feet for expansion. The transaction was named “Deal of the Year” by the New Jersey chapter of NAIOP and the national “2012 Development Deal of the Year” by Real Estate Forum magazine.

• • Counsel in the sale of a portfolio of multi-family projects for over $650 million.

• • Lead real estate counsel representing an international pharmaceutical company is disposing of its New Jersey headquarters and research campus consisting of 118 acres and over 15 buildings.

• • Representing a joint venture of two leading New Jersey “Gold Coast” developers in developing, financing, and constructing two 48-story residential towers and a 36-story tower, with an aggregate of over 1,300 units, and a 144-room hotel, with an asset value in excess of one billion dollars.

• • Real estate counsel to a Fortune 100 corporation in a corporate reorganization into three new companies, including disposition of several hundred real estate facilities and completion of two new headquarters leases.

• • Counsel to one of the largest private equity real estate companies in the world in connection with its New Jersey and metropolitan assets.

• • Counsel to one of the largest multi-family pension investment companies in connection with its New Jersey and metropolitan assets.

• • Representing a Fortune 100 manufacturing company in acquiring several hundred million dollars of Jersey City brownfield sites and entering into a public-private redevelopment agreement for remediating and developing the properties.

• • Counsel to seller in the sale of an 18-building warehouse/distribution center.

• Counsel to two of the three end developers of a proposed 750 acre brownfield site, including representation on several hundred million dollars of proposed tax incremental financing.