LPM Real Estate History
Dream it.
LPM has been involved in the development of real estate since the 1960s. Founded as P.T. & L. Construction in 1946, Nicholas Laganella Sr. built what would soon become the largest road construction company in the tri-state area. P.T.& L. was responsible for the development of New Jersey Routes 80, 23, 78, 24, & 287 as well as the initial construction of Terminals A, B, and C at Newark Airport.
Build it.
From the initial construction of the Nabisco and M&M factories to the approach ramps at the Holland Tunnel, Nick Sr. was a true visionary in real estate development and construction, and he ultimately founded one of the first REIT's (Real Estate Investment Trust) responsible for acquiring properties throughout the Northeast United States.
Grow it.
Nicholas Laganella Jr. worked closely with his father and ultimately took over the family real estate business in the 80's securing premium retail tenants such as Home Depot and Barnes & Noble. Over the past 30 years LPM has thrived under Nick's leadership and open mind, successfully developing and managing a wide range of real estate projects ranging from premium retail shopping centers to assisted living facilities.