Strategic Realty was formed in October 2001, when principals Joseph T. Corcoran and Peter H. Monaghan set out with a mission to develop properties that benefit tenants, beautify neighborhoods, and bolster communities. Together, Corcoran and Monaghan have nearly 50 years of experience in commercial real estate, and have served as executives and principals at some of the world’s most prestigious real estate development companies. Throughout its history, Strategic Realty has delivered solid returns in a broad range of real estate projects including office, industrial, and multifamily.
Since its inception, Strategic Realty Investments LLC has successfully developed over 5 million sq. ft. of real estate throughout the northeast corridor, including 750,000 sq. ft. of office space and 600 residential units totaling more than $150 million.
The company’s expertise in the field of brownfield redevelopment and urban infill development enables its investors, partners, tenants, and communities to profit from the transformation of underused prime market locations into much-needed commercial and multifamily properties.