Founder & Chief Executive Officer
Advance Realty Investors
Peter J. Cocoziello is Founder and CEO of Advance Realty Investors formed in 1979, specializing in real estate development, construction and property management.
Peter had a mission to be the premier developer of creative real estate solutions. He started the company by purchasing a vacant lot in West Orange, NJ with the plans to develop his first property (14,000 sq. ft. office building). From there he moved onto single-family homes and townhomes and finally to build-to-suit commercial office space.
Today, Advance is one of the most active and respected commercial real estate development, investment and management companies in the Northeast. Since its inception in 1979, Advance has developed or acquired more than 15 million square feet of commercial, residential, mixed-use and industrial projects.
Peter has held leadership roles in numerous community and professional organizations including President of the Young Presidents’ Organization, the New Jersey National Association of Industrial and Office Properties (NJ NAIOP) and Chairman of New Jersey Network (NJN). Mr. Cocoziello currently serves on the Board of Trustees for New Jersey State Chamber of Commerce, the Board of Visitors at Pennsylvania State University, Smeal College of Business, Institute for Real Estate Studies and Foundation for Morristown Medical Center. Additionally, he established the Advance Realty Real Estate Lecture series at Pennsylvania State University and was a founder of IRES (Institute for Real Estate Studies) at Penn State.
Mr. Cocoziello is the recipient of major honors including Developer of the Year, The Forum for Commercial Real Estate – NAIOP; Entrepreneur of the Year, Real Estate Division (1990; 2003)– Ernst & Young, Inc. NJ; Outstanding Business People, Large Corporation – Somerset County Chamber of Commerce; Top 20 Companies – Central New Jersey Business Magazine; Humanitarian Award – National Conference for Community and Justice; Alumni Fellow Award and Distinguished Alumni Award – Pennsylvania State University; Named by Real Estate Forum Top Commercial Real Estate ICONS in the Mid-Atlantic Market, and has been recognized as NJ BIZ’s 50 Most Powerful People in Real Estate in 2012-2018; Americas Most Honored Professionals in 2015.
Peter earned a Bachelor of Science Degree from Pennsylvania State University, a Senior Certificate in Mortgage Financing from New York University and completed Harvard University’s President’s Program.