Jeff Algatt

Jeff Algatt

MBA

Senior Vice President

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About

Professional Summary

Successful, seasoned intermediary between buyers, sellers and capital sources of investment real estate, always beginning with a thorough understanding of each client’s goals, expectations and needs. Each situation is evaluated and underwritten in the context of relevant market data and conditions from 30,000 feet down to street level granularity. If the client decides a transaction is warranted, I assemble and lead the best available team of professionals to achieve the client’s objective.

WHY CLIENTS ENGAGE MY SERVICES:  I am honest, organized, diligent, responsive and a good listener.

Accomplishments

My track record is over 40 years long and varied. It includes large scale office, mixed use and multi-family acquisitions, dispositions and development, management in a national investment real estate brokerage, consulting for a national accounting firm, CEO of my own real estate services company, and, of course, brokerage as an agent. I have performed or directly supervised over 500 closed transactions with an aggregate value approaching $2 billion.

Guest speaker at Penn, Cornell, and Temple Law School; moderator and panelist at ACRES, CCIM, CPN, IREM, Real Share, and ULI conferences.

Education

BS | Civil and Environmental Engineering
Cornell University

MBA | Johnson Graduate School of Management
Cornell University

Memberships & Involvements

  • Zoning Hearing Board, Harveys Lake PA
  • Co-Founder and Past President of TriState Realtors Commercial Alliance 
  • Past Vice President and C&I Committee Chair of the PA Association of Realtors®
  • NAIOP Great Philadelphia Chapter, former Chair of Government Affairs

Clients

Archer & Greiner, ASI Management, Bellevue Properties Group, Buvermo Properties, Flight Systems Inc, Global Holdings, Gramercy Capital, Humford Equities, Insalaco Development Group, International Realty Holdings, KFP Associates, King of Prussia Medical Associates, Lehigh Valley Real Estate Ventures, New York Community Bancorp, Orange Nassau, Quaker Group, Red Leaf Development, Sherute LLC, SJ Holdings LLC, US Bank

Services

Skills
Investment Properties
Service Lines
Capital Markets
Property Types
Office, Healthcare-Medical, Multifamily, Retail
Specializations
Energy Group

Properties

Featured Research

Featured Research
Feb 10, 2020
2019 Q4 Northeastern Pennsylvania Office Market Research Report
The vacancy rate decreased during the fourth quarter to 9.0%, but remained higher than the 6.9% rate at the end of 2018. Class A occupancy improved slightly during 2019. Employment trends for office-occupying sectors trended downward during 2019, and the outlook remains weak for job growth. The exception is healthcare services, which continues to register employment gains and has a more favorable trends for growth.
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Dec 2, 2019
2019 Q3 Northeastern Pennsylvania Office Market Research Report
The vacancy rate decreased during the third quarter from 10.4% to 9.6%. Both Class A and Class B space both registered vacancy decreases. The Class A vacancy rate dropped from 14.7% to 13.2% and the Class B rate decreased from 8.3% to 7.8%.
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Sep 4, 2019
2019 Summer Northeastern Pennsylvania Office Report
The vacancy rate continued to trend upward due to relocations and consolidations, rising from 8.0% to 10.4% in the second quarter. Geisinger’s move to the new office building in Pittston added vacancy at 60 Public Square, further increasing the supply of Class B space.
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Featured News

Featured News
Feb 18, 2020
Colliers Team Concludes Two Colorful Investment Sales
Two Unique, Fully Leased Properties Snapped Up
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Feb 18, 2020
Stately 15 S. Franklin Street Trades Hands
Slated for Future Multifamily Redevelopment in Resurgent Wilkes Barre
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