Michael Ugarte is a Senior Associate with one of the highest performing
teams in CBRE’s Central New Jersey office. He specializes in representing
industrial occupiers and investors in the Central/Northern New Jersey
area. Michael takes pride in working hard for his clients and guiding them
through the complexities of an industrial transaction.
Michael focuses on prospecting, implementing, and executing lease and sale
transactions, and closely monitoring industrial market activity. His skills in
this process include conducting market survey’s, financial reviews, property
research and lease analyses.
Michael earned 2022 NJ’s CBRE Rookie of the Year Award, where he was
credited for his efforts in cultivating business across different submarkets
and successfully completing multiple transactions during his start at CBRE.
Building Controls and Solutions
Interior Resources USA
United Way Logistics
Professional Affiliations / Accreditations
Licensed Real Estate Broker,
New Jersey Rising
Awards / Achievements
CBRE Rookie of the Year 2022
Bachelor of Science - Business
& Resource Economics
The father-son team of Lou Belfer, senior vice president and Scott Belfer, executive vice president with CBRE Advisory and Transaction Services specialize in industrial properties in New Jersey. By working intuitively, their synergy affords them the opportunity to service their clients from a unique perspective.
With their industrial, logistics and e-commerce expertise, the Belfer’s bring more than 61 combined years of experience in the commercial real estate industry. They have earned a reputation for extensive market knowledge and are trusted advisors to Fortune 500 companies consistently delivering positive results to their clients—having completed more than 14 million square feet of lease and sale transactions, locally and nationally, over the last five years.
Michael Ugarte joined the team in 2022 as a senior associate focusing on prospecting, implementing, and executing lease and sale transactions, and closely monitoring industrial market activity. His skills in this process include conducting market survey’s, financial reviews, property research and lease analyses.