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For more than 25 years, Matrix Development Group has consistently maintained its position as one of the Northeast's most respected real estate investment development firms. The company's unyielding dedication to integrity, excellence and innovation has earned Matrix the respect of its clients, municipal and regional government officials, and corporate leaders.
The origins of Matrix began at a time when the development potential of the area surrounding Exit 8A of the New Jersey Turnpike was yet undiscovered. At that time industrial activity was minimal and commercial development was virtually non existent. With over 2,000 acres of raw land, Matrix was the largest property owner in the central New Jersey area and the first company with the vision to harvest the tremendous potential of Exit 8A.
In the early years, Matrix prided itself on building relationships with the various municipalities and community stakeholders. The company also doggedly pursued every development opportunity to consider Exit 8A. Within a few short years, Matrix was leading the market with commercial and industrial transactions totaling more than a million square feet, thus creating the Exit 8A market as a premier real estate destination.
Exit 8A provided Matrix with a firm foundation, plus the resources, experience and drive to seek further growth opportunities through geographic and business diversification. Matrix quickly expanded its commercial and industrial development base throughout New Jersey and into Pennsylvania. It also expanded its portfolio beyond suburban investments to include urban initiatives, as well as business lines such as Matrix Residential Properties and Matrix Golf & Hospitality.
The diversification of the company from its commercial and industrial roots has proven successful for Matrix. The various business lines provide Matrix with the ability to successfully weather shifts in the regional and national economies. As a result, each of the companies has thrived: In recent years, Matrix Residential Properties has prosecuted more than $200 million in development activity and Matrix Golf & Hospitality has grown to include more than six properties throughout the Northeast and Mid-Atlantic regions.
Leading Matrix's growth is Joseph S. Taylor, President and Chief Executive Officer. Under his guidance, Matrix has become firmly established as a full service real estate investment and development firm. Mr. Taylor has also helped shape Matrix's commitment to community, an integral part of the Matrix Philosophy that goes far beyond the physical and material enhancement of the communities in which the company has a presence.
As part of its core mission, Matrix is consistently committed to the communities in which it has a presence. This commitment is an integral part of the Matrix Philosophy that goes far beyond the physical and material enhancement of the communities in which the company has a presence. Each year, Matrix engages in a variety of fundraising activities. Yearly, it contributes significant time and money towards organizations such as Family Services Association, Monroe Education Foundation, Elijah's Promise, The American Heart Association, March of Dimes and Hands Together, a non-profit organization formed to respond to the needs of the poor and disadvantaged both in the United States and abroad, to name a few.
Matrix's growth has been the result of determined effort by a talented team of individuals working together under Joe Taylor's direction. Through the years, this team has set leading quality development standards in superior locations, conducted client transactions with the highest standards of integrity and honesty, and maintained a continuing commitment to the communities with which it interacts. As a result, Matrix has established itself as the region's leading full service real estate investment and development firm, having developed real estate valued well in excess of a billion dollars. Guided by those same principles and strengthened by the solid relationship it enjoys with its business and community partners, Matrix looks to the future with great optimism.
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Joseph S. Taylor - President and Chief Executive Officer
Mr. Taylor joined Matrix in 1981, at its inception. As Project Manager he was responsible for directing the development of the company's then sole investment in New Jersey, CenterPoint at 8A, an 1800 acre assemblage of commercial, residential and industrial properties. In 1987, he was named President and Chief Executive Officer of the company. Under Mr. Taylor's leadership as CEO, the company strategically expanded its geographic reach throughout New Jersey and into Pennsylvania, while broadening its business base to include a golf management subsidiary, an asset recovery division and a full service residential and construction division. Through Mr. Taylor's leadership the company has grown into one of the most prominent real estate investment companies in the Northeast region and a significant economic influence in the New Jersey and Pennsylvania marketplaces.
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