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Managing Principal
Steve Tolkach joined Newmark Knight Frank in 2007 as a managing principal of the Princeton, New Jersey office. Mr. Tolkach’s more than 20-year career has been focused on corporate users and property owners throughout the greater Princeton/Central New Jersey market area, and he continues to represent some of the Princeton area's most prominent companies with sophisticated real estate transactions including office and industrial leasing, laboratory facilities, property/investment sales, land sales, sale/leaseback transactions. Mr. Tolkach is also an advisor to several prominent institutional property owners with whom he is an equity partner.
Prior to joining Newmark Knight Frank, Mr. Tolkach worked with John Buschman in the Princeton, NJ market area since graduating from college in 1987. Mr. Tolkach was a partner in the firm (formerly Buschman Partners and most recently GVA Williams Buschman) for 12 years and was involved in investment sales and industrial and office sales and leasing. He has completed transactions totaling more than 14 million square feet with an aggregate value in excess of $1 billion.
A list of companies whom Mr. Tolkach has recently represented includes First Industrial Realty Trust, Berwind Property Group, Lubert Adler, Sterling Equities, Corporate Office Properties Trust, Boston Properties, NJ Education Association, Educational Testing Service, Novo Nordisk Pharmaceuticals, The Hibbert Group, Congoleum Corporation, Cenlar, JDS Uniphase, Liberty Mutual Insurance, Praedium Corp., Prince Sports and Horizon NJ Health, among other Fortune 1000 and local companies.
The following is a partial list of recently completed transactions:
Office and Industrial Leasing:
- Novo Nordisk Pharmaceuticals, Princeton, NJ - 154,000 sf headquarters lease
- Novo Nordisk Pharmaceuticals, Princeton, NJ - 167,000 sf headquarters expansion
- Horizon/Mercy, Ewing, NJ - 59,000 sf headquarters lease
- The Hibbert Group, NJ/DE - 825,000 sf multiple warehouse leases
- Novo Nordisk Pharmaceuticals, North Brunswick, NJ - 33,000 sf laboratory lease
- Educational Testing Service, Ewing, NJ - 115,000 sf lease extension
- Prince Sports, Inc., Bordentown, NJ - 145,000 sf headquarters/dist. Center lease
- New Jersey Ed. Association, Trenton, NJ - 62,000 sf headquarters build-to-suit
Investment Sales:
- Bordentown Int. Business Park, Bordentown, NJ - 224,000 sf office/flex complex
- Brunswick Business Campus, North Brunswick, NJ - 171,000 sf office/flex park
- South Gold Industrial Park, Hamilton, NJ - 296,000 sf office/warehouse flex park
- 38 Cabot Boulevard, Langhorne, PA - 161,000 sf warehouse/distribution building
- Center Point portfolio, South Brunswick/Monroe, NJ - 228,000 sf office building portfolio
- Washington Park, Robbinsville, NJ - 177,000 sf warehouse/retail complex
- 1600 Olden Avenue, Ewing, NJ - 98,000 sf mixed-use complex
- Scudders Falls Court, Ewing, NJ - 218,000 sf mixed-use complex
- 7 Graphics Drive, Ewing, NJ - 72,000 sf office/high tech building
Professional Affiliations:
- CCIM (Certified Commercial Investment Member) - since 1996
- SIOR (Society of Industrial and Office Realtors) - since 1998
- IOREBA (Industrial and Office Realtors Association of NY/NJ) - since 1997
- "40 Under 40 in NJ Business" - NJ Biz magazine - 2000
Mr. Tolkach graduated from West Chester University with a Bachelor of Science degree in Liberal Studies.
Managing Principal
Newmark Knight Frank
301 Carnegie Center
Suite 301
Princeton, NJ 08540
United States
T 609.896.1600
Areas of Specialization
· Tenant Representation
· Owner Representation
· Investment Sales
Years of Experience
20 years
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