The commercial real estate sector is in flux across the nation. New Jersey’s Boraie Development Co. has been flying in the face of the downturn in commercial real estate across the Garden State. Some areas are seeing historically-low tenancy rates and rising rents. For Sam and Waseem Boraie, commercial real estate continues to be an area of success.
The latest list of the 50 top commercial real estate professionals in New Jersey has been published by NJBiz. Waseem Boraie and Sam Boraie have been named in the top five as among the most influential in the industry. Boraie Development has been on a run of success that was barely troubled by the COVID-19 pandemic. The company has expanded its reach into many of New Jersey’s largest cities. Commercial real estate developments continue in Atlantic City, Jersey City, and New Brunswick. The redevelopment of major cities has become a staple of the work of Boraie Development Co.
Among the most impressive aspects of Sam and Waseem Boraie’s work is the so-called “Shaq Tower Two” in Newark. The NBA Legend, Shaquille O’Neal, has played a part in investing and publicizing the development of 777 McCarter. ‘Shaq 2″, under the leadership of Waseem Boraie and Sam Boraie, is the latest to bring new commercial real estate developments to New Jersey’s cities by Boraie Development Co.