|
|
THE GOLDSTEIN GROUP RECOGNIZED AS DOMINANT RETAIL BROKER IN NJ
|
| |
|
GLEN ROCK, NJ, APRIL 17, 2006 —
The Goldstein Group, New Jersey’s leading full-service retail brokerage firm, is pleased to announce its new partnership with the Retail Brokers Network, a well established retail real estate broker’s network comprised of 29 of the foremost retail brokerage firms throughout the United States. Through this affiliation, The Goldstein Group will be able offer its clients extended market coverage and services with the ability to assist clients in placing stores in major retail markets nationwide. The network also assists property owners in the leasing and sales of their properties.
|
| |
|
Founded in 1986 by brothers, Alan and Neil Goldstein, the company is guided by the simple premise of being a “client-focused” organization. Part of its success is attributable to the gathering and sharing of market data with their clients enabling them to make the most informed and educated business decisions toward the commitment of purchasing or leasing retail space. This approach has led them to be instrumental in shaping much of the retail landscape in northern and central New Jersey. As New Jersey’s retail market specialist, the firm has been able to service clients in a specialized manner unlike any other firm, which has resulted in long standing relationships. The Goldstein Group provides retail real estate services focused on leasing, sales, development, property management and project financing.
|
|
|
|
“As a leader in New Jersey’s retail landscape, our goal has always been to fulfill the real estate objectives of our clients with the highest quality professionals, information and services,” stated Alan Goldstein, co-founder and president. “Our 20 years as a market leader is truly a reflection of our unyielding commitment to satisfying our clients’ needs, no matter how complex or challenging they might be.”
|
|
|
|
The importance of high quality professionals and extensive market knowledge is evident in the company’s approach to business. The group utilizes a team structure known as market teams. “Market teams are a concept that we developed nine years ago,” says Chuck Lanyard, principal and director of brokerage services. “Paramus, New Jersey, was the first market in which we implemented the concept. The team became immersed in knowing personally all the landlords and tenants.” By closely working together and sharing information, Team Paramus closed more than 60 deals, totaling approximately $150 million of aggregate value. Team Paramus spawned six other teams throughout our region covering the corridors of Route 46, Route 23, Route 10, Route 22, Route 18/1 and Route 9. “We find this approach to be an important tool to better serve our clients and maintain dominance in each geographical area,” adds Lanyard.
|
|
|
|
Over the past twenty years the company has built relationships with a wide array of retailers. The firm has successfully closed 100 transactions for General Nutrition Centers, more than 50 for Radio Shack, and approximately 150 for the Woolworth/Foot Locker Company, most of which were dispositions. The Group has also worked extensively and closed multiple deals with companies such as Marshalls, TJ Maxx, CVS, Walgreens, Lazy Boy Furniture, Mandee, Annie Sez, Home Depot, H&R Block, UPS Stores and Casual Male. The Company’s Restaurant Division has assisted numerous regional and national chains such as Applebees, Red Robin, Fuddruckers, Red Lobster, Olive Garden, T.G.I. Friday’s, McDonalds, Burger King, Wendy’s, White Castle and Dunkin’ Donuts.
|
|
|
|
“The company is also involved with numerous new retail concepts,” says Lanyard. “Some examples are iSold it on eBay; Massage Envy; Wild Noodles, a fast casual restaurant; Brunchies, which is a high-end crepe and pancake restaurant; and Baumgart’s, a Pan-Asian style restaurant.”
|
|
|
|
As part of its expansion plans, two new divisions have been formed, Goldstein Development and Goldstein Equities. Goldstein Development Company develops retail and residential projects. This subsidiary acquires properties, creates joint ventures utilizing a “value added” services technique and handles construction management and project financing. Presently, this new division is completing a retail project on Route 17 in Lodi, New Jersey, adjacent to a Home Depot and National Wholesale Liquidators shopping center. The company has commenced construction of a 15,000 square foot retail building, which is the final phase of a 150,000 square foot urban redevelopment shopping center in Newark, New Jersey anchored by Home Depot, Applebees and Wendy’s. Past projects include a CVS pharmacy in Garfield, New Jersey; a Sixth Avenue Electronics store on Route 10 in Livingston, New Jersey; and a Starbucks anchored strip center on Route 1 in Woodbridge, New Jersey.
|
|
|
|
Goldstein Equities manages all facets of commercial and mixed-use investment projects. The Company has arranged for clients to invest in projects such as the 180,000 square foot Pathmark Shopping Center in Eatontown, New Jersey and the 150,000 square foot Levitz Furniture/Babies R Us building in Paramus, New Jersey.
|
|
|
|
Due to its outstanding reputation, the firm has recently been selected to join the Retail Brokers Network, a national organization of selected highly professional retail brokerage companies that service clients nationwide. This new alliance has further strengthened The Goldstein Group’s desire to service its client’s needs throughout the United States.
|
|
|
|
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 the 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.
|
| |
|
For more information,
please contact |
|
Chuck
Lanyard at 201.703.9700,
extension 15 |
|
|
|
|