Sonny Jumani Joins Board of Directors of Foundation for Free Enterprise

Tulfra Real Estate President and Partner Joins Program to Inspire Free Market Leaders

Paramus, NJ, July 09, 2015 – Sonny Jumani, President and Partner of Tulfra Real Estate, has been named to the Board of Directors of the Foundation for Free Enterprise.

The Foundation for Free Enterprise was established in 1975 as the educational arm of the Commerce and Industry Association of New Jersey. Its main aim is to teach students of all ages about the multitude benefits of free enterprise. Through this instruction, students develop an economic way of thinking which will serve them throughout their lives, regardless of the career path they choose.

“There is no substitution for the preservation of the entrepreneurial spirit. The Foundation for Free Enterprise educates children and young adults in a way that encourages inspiration,” said Sonny Jumani. “As a board member, our mission is to actively participate to bring as much life to youth programs as possible and to maximize the experience. The function of leadership is to produce more leaders,” he continued.

“It is an honor to be associated with a rewarding organization like the Foundation for Free Enterprise. Through our combined efforts we will foster interest and growth in fields like personal investment strategies and economic theory,” adds Jumani.

“Our role is to demonstrate the relevance of a free enterprise society. In a way, every member including myself is personally responsible for this expression, having been deeply involved in the free enterprise system throughout our personal lives.”

At Tulfra, Jumani oversees a portfolio of two million square feet, valued at more than $200 million. He is credited with industrial condominium sales of $67 million, investment sales of $95 million, and acquisitions totaling $100 million. He joined Tulfra in 2006 and was named president and full partner in 2014.

Credited as a pioneer in the industrial condominium concept, Tulfra Real Estate and its affiliates currently own and manage more than four million square feet of industrial and commercial real estate, encompassing more than 50 buildings with 200 public and private tenants in Northern and Central New Jersey. The firm currently has an additional 500,000 square feet under development.