ABOUT US

Ultimate Realty is a Real Estate investment management firm founded in 1988 with offices located in NY, NJ, and FL. We are focused on creating value for our tenants, host communities and institutional investors through the acquisition and repositioning of opportunistic and core plus assets. Our long history within multiple asset classes has given us undeniable experience, empowering us with a unique and creative approach. Ultimate has $250 million in assets under management spread across nearly 2 million SF Industrial, Retail, Office and Multi-Family properties located throughout the Mid-Atlantic, South East and Puerto Rico. Boasting impressive resources, UR couples the flexibility of a boutique firm with institutional expertise.

Our History

2023

  • Ultimate acquired a 3 building, 154,070 square foot wharehouse portfolio in Tampa Bay, FL. PODS® currently occupies all 3.

2022

  • Ultimate acquired a single tenant 86,036 SF industrial building which sits on 5.12 acres in Wallingford, CT
  • Ultimate acquired a 34,370 SF single story ios conversion site that sits on 6.4 acres within Orlando, FL
  • Ultimate acquired a 56,000 square foot last mile industrial building in the heart of Orlando, FL

2021

  • Ultimate acquired a 208,000 square foot manufacturing & distribution building located in WInter Garden, FL

2020

  • Ultimate acquired a 208,000 square foot manufacturing & distribution building located in WInter Garden, FL
  • Ultimate acquired a 395,000 SF, 45 Acre, power center located in Middle Georgia

2018

  • Ultimate purchased 348 West 14th street, a sound studio and converted to class A office in New York

2016

  • Ultimate purchased 356 Bowery in New York and began converting it to loft apartments

2014

  • Ultimate purchased a package of Park Slope Mixed Use buildings in new York and upgraded them to class A loft apartments with ground floor retail

2012-2007

  • Ultimate purchased a package of residential rental properties in the Park Slope section of Brooklyn, NY and converted them to condominiums

2006

  • Ultimate converted 128 east 13th street/123 East 12th street in NEw York from an Art studio to a Dance Studio and residential townhouse

2002

  • Ultimate converted 396 5th Avenue in New York from office to residential

2001-1994

  • Ultimate converted 311 Broadway, 69 Leonard Street, 251 Church Street, 396 5th Avenue, 15 west 17th street and 136 William Street from Office to residential

1993

  • The Ultimate Realty Brand is created. Two years ahead of the Wall Street office-to-residential conversion boom, Ultimate completed its’ first residential conversion at 24 John Street in New York

1990

  • Purchased Langhorn Center. A retail center on Route 1 in Langhorn Pennsylvania adjacent to Sesame Place

1988

  • Joe Sabbagh under the Brand REAC Associates purchases his first two Industrial buildings totaling in excess of 500,000 sf

“We are celebrating our 35th year in business. One of the keys to our success is adapting to the ever changing marketplace.”

-Founder & CEO - Joe Sabbagh

WHAT WE BUY

We are opportunistic investors that look for underutilized assets that are well located, vacant, leased below market and under utilized. Our target markets are along the east coast and within dense population centers. Our investment horizon is typically 3-7 years, with target acquisition pricing of $10MM - $40MM. Submit an opportunity and watch how quickly we can evaluate an asset and close.

Industrial

-

Multifamily

-

Retail

-

Office

-

Industrial - Multifamily - Retail - Office -

more than

160

ACRES

more than

3.7M

SQFT ACQUIRED

more than

$

850M

TRANSACTION VOLUME

OUR TENANTS

TEAM

Joe Sabbagh

Founder & CEO

Mark Sabbagh

Director of Acquisitions

Michael Sabbagh

Director of Development

PARTNER WITH US

We are always looking for opportunity. Let’s find and build them together.