Newest Team Member Marks Real Estate Firm’s Third Generation of Family Leadership

Jonathan Schlussel of Teaneck has joined Teaneck-based Key Properties LLC, representing the commercial real estate development, construction and management firm’s third generation of family leadership. In his new role, Schlussel is involved in all facets of Key Properties’ operation, from development and project management to leasing and acquisitions.

Founded more than 30 years ago by Abraham Schlussel, Key Properties today is led by Jonathan’s father and uncle, co-managing partners David and Marc Schlussel. Key Properties throughout its history has been involved in more than 1 million square feet of commercial projects including office, industrial and retail properties, as well as mixed-use developments. Its principals’ expertise working in conjunction with municipalities, state agencies, contractors, engineers, architects and brokers has led to the successful transformation of dozens of underutilized properties into valuable real estate assets.

“I look forward to following in the footsteps of my grandfather, father and uncle at Key Properties,” Jonathan Schlussel said. “I grew up in the real estate business and have worked in it professionally for several years. Our company has entered a period of notable growth, making this the perfect time for me to join the team. I look forward to contributing to our family business’ continued success.”

Prior to joining Key Properties, Schlussel was on the investment sales team at Colliers International. He earned a bachelor’s degree in economics from Brandeis University.

“It is gratifying to see our family’s next generation coming on board, bringing fresh ideas and energy,” Marc Schlussel noted. “Jonathan’s practical knowledge and hands-on experience will play important roles in bolstering our company’s position and moving us forward today and for many years to come.”

Key Properties is a full-service organization that invests in a diverse range of commercial property types. The firm focuses on value-added potential, and is a leading expert in Brownfields redevelopment and condemnation proceedings. Concentrated in Northern and Central New Jersey, the Key Properties portfolio today includes approximately 500,000 square feet of assets and over 30 acres of developable land.