Bio
As Vice President of Development for Somerset Development, Tom Michnewicz is responsible for land acquisitions and approvals, overseeing planning and design, and maintaining relationships with municipal and state-level departments.Before joining Somerset Development, Michnewicz was a Senior Vice President at Bridgewater, N.J.-based Advance Realty, where he developed nearly 200,000 square feet of projects and consulted for corporations on an additional 500,000 square feet. He was involved in the development of Harrison MetroCentre, a 110-acre, urban mixed-use redevelopment in Harrison, N.J.; Middlebrook Center, a 104,000-square-foot, fully leased retail center in Bound Brook, N.J.; and Advance at Bridgewater II, an 84,000-square-foot speculatively developed office building.
Prior to joining Advance Realty, Michnewicz was a Vice President of Investment and Sales for the Prudential Realty Group. During his 17-year tenure with Prudential, he was responsible for developing the prestigious Office Center and Hilton Hotel at Short Hills, Prudential Business Campus and Giralda Farms.A past president of the New Jersey Chapter of NAIOP, Michnewicz is currently chairman for NAIOP’s National Urban Redevelopment Forum. He serves on the NAIOP National Board of Directors and is an active member of both the Urban Land Institute and the New Jersey State Planning Commission. Michnewicz received his M.B.A. from Rutgers University and his B.S. from Seton Hall University
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation