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THE GOLDSTEIN GROUP
COMPLETES SALE OF 20,000-SQUARE FOOT RETAIL BUILDING
IN PARAMUS, NEW JERSEY
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GLEN ROCK, NJ, NOVEMBER 15, 2006
— The Goldstein Group, New Jersey’s leading full-service retail brokerage firm, arranged a multi million
dollar sale of a retail building located at 110 East Route 4 in Paramus, New Jersey. The 20,000-square-foot, freestanding building was owned by Lynn Realty Associates of New York and sold to Yaraghi LLC of New York. The Goldstein Group’s Curtis Nassau and Florian Suserman, along with Chuck Lanyard, Principal and Director of Brokerage Services represented the buyer in this transaction.
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“Paramus is one of the hottest retail markets in the country, and it is rare that a retail building of this quality goes up for sale in this area,” stated Chuck Lanyard. “Yaraghi LLC recognized this outstanding retail opportunity in Paramus and moved quickly to purchase the building. The Goldstein Group prides itself on its expertise in the New Jersey retail market and our vast knowledge of the Paramus marketplace. We look to continually provide our clients with the highest level of experience and professional services.”
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The co-broker in this transaction was Craig Kerbeykian of Hekemian & Company of Hackensack, New Jersey. Attorney Steven Weisfeld of Beattie Padavano of Montvale, New Jersey, represented Yaraghi LLC, and attorney Linda Herlihy of Wells, Jaworski, Liebman and Paton, LLP represented Lynn Realty Associates.
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Paramus has an extensive number of national tenants and remains one of the top retail markets in the United States. The property, which was previously occupied by Living Rooms Plus is located adjacent to the new Bergen Town Center which is currently under a major renovation and expansion.
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ABOUT THE GOLDSTEIN GROUP |
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The Goldstein Group, New Jersey’s leading full service retail real estate
brokerage firm is celebrating its 20th anniversary. The Company provides a
wide range of services including landlord and tenant representation focused on
leasing, sales, development, property management and financial services. The
Goldstein Group currently represents over 8 million square feet of retail
properties and over 50 national and regional retailers. Through its
partnership with
Retail Brokers Network,
the Company provides extended market coverage throughout the United States.
Founded in 1986, the firm is headquartered in Glen Rock, New Jersey.
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For more information,
please contact |
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Chuck
Lanyard at 201.703.9700,
extension 15 |
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