Saddleback Real Estate Developers


Saddleback Real Estate Developers specializes in industrial properties throughout the state of New Jersey. As a prominent commercial real estate development firm, owners Salvatore V. Frassetto and Terry Frassetto collectively bring more than 80 years of expertise
in the New Jersey marketplace.

Saddleback owns and manages over 20 industrial properties and has developed more than 20 million square feet of real estate.  Saddleback specializes in revitalizing and repositioning distressed properties while offering quick and streamlined closings.

What Makes Us Unique


Quick Contract Closure

Saddleback is prepared to close on an asset in as quickly as two weeks. Our team of bankers and financial experts allow us to access funding immediately.


Saddleback is positioned to acquire assets without financing. Our resources allow us to avoid typical financing delays.


Saddleback specializes in revitalizing and repositioning distressed properties.


Saddleback is a New Jersey born and bred company. We take pride in our home state and in projects both large and small.

Building on a Solid Foundation


Salvatore Frassetto



Having developed over 20 million square feet of commercial and real estate projects during his career, Sal Frassetto is one of northern New Jersey’s most experienced and successful real estate owners and developers. The beginning of his success started with the Frassetto Construction company, a family business specializing in highway and heavy construction for the New Jersey Turnpike Authority, Garden State Parkway, New Jersey Transit, New Jersey Department of Transportation and the Port Authority of New York and New Jersey.

Full Bio
Terry Frassetto



Terry Frassetto’s diverse commercial real estate career reflects the full breadth of commercial property acquisition, development, and management. His biography includes financing, marketing, lease negotiations, facilities management, construction management, tenant fit-out projects and capital projects. He has managed a full range of mixed-use and office products, among them Class A and trophy assets, and industrial properties. Terry became a principal of Saddleback Realty in 2013, which owns more than a million square feet of industrial Real Estate in New Jersey.

Full Bio

Investing in the Long-Term Revitalization of New Jersey

1975 - Founding of Frassetto Construction

In 1957, five Frassetto brothers founded Frassetto Construction: John, Albert, Anthony, Angelo (Terry’s Father), and Salvatore. Frassetto Construction specialized in Concrete construction such as curbs, sidewalks, and driveways. They moved into heavy highway construction with state contracts in NJ, NY, PA, DE.

1975-1978 - Growth and Acquirement

Frassetto Construction started acquiring land and buildings for their brick and mortar based construction company. Focus shifted from simple construction to new developments.

1985 - A New Development

In the mid-1980’s, Salvatore Frassetto took on a leadership role under Frassetto Construction and created Middlebury Development with his brother Angelo.

1988 - Welcome Terry Frassetto

Terry Frassetto, Angelo’s son, joins the leadership of Middlebury Development.

1994- A New Name

In the mid-1990’s, Middlebury Development was replaced with Saddleback Real Estate. Through Sal’s determination and leadership, backed by Angelo and Terry, Saddleback weathered the industry storms through the 90s.

saddleback real estate developers
2000- Today: A Lasting Development

What started as an 23,000 square foot building in Fairfield is now a company that has developed 25M square feet of the commercial industrial real estate and $3B in real estate transactions. Today Saddleback Real Estate Developers is repositioned to adapt to current economic conditions. Now Salvatore and Terry lead Saddleback Real Estate Developers.  They stay ahead of tide while specializing in industrial properties. The team also revitalizes and repositions distressed properties.