Peter J. Cocoziello

Biography of Peter J. Cocoziello

President and Chief Executive Officer, Advance Realty
Board Member, Penn State Smeal College of Business Board of Visitors

Peter J. Cocoziello is President and CEO of Advance Realty 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 Realty 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 and served as past President of the Young Presidents’ Organization, the New Jersey National Association of Industrial and Office Properties (NJ NAIOP), past Chairman of New Jersey Network (NJN), the New Jersey State Chamber of Commerce, the Board of Visitors at the Smeal College of Business, Institute for Real Estate Studies; Trustee, Foundation for Morristown Medical Center and established the Advance Realty Real Estate Lecture series at Pennsylvania State University.  

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 – 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; and is a recipient of the Power 50 Most Influential People in Real Estate – NJBIZ 2012 and 2013; 2012 and 2014 Named by Real Estate Forum Top Commercial Real Estate ICONS in the Mid-Atlantic Market.

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.