News: Owners Developers & Managers

Glerum joins Studley as senior managing director

According to Studley, Thomas Glerum, a seasoned commercial real estate professional with more than 30 years of experience in the industry, has joined the firm as a senior managing director. Glerum will be based in Studley's central N.J. office and will specialize in corporate representation. Prior to joining Studley, Glerum was a partner at Palestina Properties and a senior director at Cushman & Wakefield, where for 14 years he specialized in corporate leasing and the acquisition and disposition of commercial real estate properties. Glerum has completed multiple commercial real estate assignments for long-standing corporate clientele. Notably, he has completed more than one million s/f in aggregate leases for Hoffmann-La Roche, and over 500,000 s/f in aggregate leases for Exxon Research & Engineering. In addition, he represented Exxon Research & Engineering in its sale of 100 acres of land in Clinton, as well as IBM in its sale of a 645,000 s/f headquarters complex in Franklin Lakes. He has also completed multiple site acquisitions for Trammell Crow Company, Lincoln Property Company and Gale & Wentworth, among others. "We are delighted to welcome Tom to Studley's Central New Jersey office," said Studley Vice Chairman George Martin. "Studley is always in the market for accomplished, senior-level real estate professionals who can assist our firm in strengthening our presence in the region." A licensed real estate broker, Glerum holds a bachelor of Music from Northwestern University and an Advanced Studies degree from the Manhattan School of Music. Studley is the only global tenant advisory firm with a pure tenant representative delivery platform. Founded in 1954, Studley pioneered this conflict-free business model. Today, with 19 offices nationwide and an international presence through its London office and AOS Studley throughout Europe, Studley provides strategic real estate consulting services to top-tier corporations, law firms, nonprofits, government agencies and institutions of higher education. Information about Studley is available at www.studley.com
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains