NAI James E. Hanson has added another team member to lead its newly launched Institutional Services Group.

The full-service independent commercial real estate firm announced April 15 it added Jordan Avanzato as senior managing director to lead the investment team. While the group and its leader are new to the firm, the talent stacking its roster have experience in the space and with NAI Hanson, which has served institutional clients needs for decades.

The move marks the latest big change for the 2024 NJBIZ Family-owned Business of the Year winner. Earlier in 2025, the Teterboro-based business expanded with its acquisition of The Garibaldi Group and NAI Summit.

In addition to Avanzato, the Institutional Services Group includes Senior Vice President Scott Perkins, Managing Director Christopher Todd, Associate Vice President William Ericksen and Associate Kristen Costanza. The team will provide institutional clients with tailored investment, leasing and advisory services to help them achieve their investment goals, according to NAI Hanson.

Meeting market needs

Avanzato said he was thrilled to join the group. “Their team has built an unmatched reputation for delivering exceptional client service and I look forward to contributing to the firm’s legacy of success,” he commented.

The new hire brings more than 10 years’ experience to the firm. Most recently, Avanzato served as managing director of JLL Capital Markets, Americas, in that company’s New Jersey office. There, he specialized in industrial investment advisory. Throughout his career, Avanzato has had involvement with more than $6 billion in commercial real estate transactions across the Northeast, NAI Hanson said.

“The launch of our Institutional Services Group, along with Jordan’s hiring, reflects our deep commitment to continually enhancing our services to meet the needs of the market,” commented NAI James E. Hanson President William Hanson. “I am excited to watch Scott, Chris, Will, Jordan and Kristen build an industry-leading team to provide institutional clients with the expertise they need to be successful in our region.”