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THE GOLDSTEIN GROUP
ANNOUNCES FORMATION OF
GOLDSTEIN DEVELOPMENT COMPANY
AND GOLDSTEIN EQUITIES
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GLEN ROCK, NJ, MARCH 20, 2006 —
The Goldstein Group, New Jersey’s leading full-service retail brokerage firm, has announced the formation of two new divisions, which will further support the Company’s motto, “One Firm, Unlimited Solutions.” The new divisions are Goldstein Development Company and Goldstein Equities. These new companies reflect the firm’s consistency in providing specialized services to its clients. |
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Goldstein Development Company (GDC) will develop retail and residential properties. This entity acquires properties, creates joint ventures utilizing a “value added” services technique and handles construction management and project financing. Presently, GDC is completing a retail project on Route 17 in Lodi, New Jersey, which is part of the Home Depot and National Wholesale Liquidators. The Company is also commencing construction of a 15,000-square-foot building, which is the final phase of a 150,000-square-foot urban redevelopment shopping center in Newark, New Jersey anchored by Home Depot, Applebee's and Wendy’s. Past projects include a CVS in Garfield, New Jersey; a Sixth Avenue Electronics building on Route 10 in Livingston, New Jersey; and a Starbucks-anchored strip center on Route 1 in Woodbridge, New Jersey.
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Goldstein Equities
will manage all facets of commercial and mixed-use investment projects. The Company has already enabled 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 Levtiz Furniture/Babies R Us in Paramus, New Jersey. The formation of Goldstein Equities is the culmination of years of successful investing in real estate projects by the firm’s principals.
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Alan Goldstein, co-founder and president of The Goldstein Group, stated, “We are very pleased to announce the formation of Goldstein Development Company and Goldstein Equities. Our newly expanded services are a natural progression of our commitment to serve our more sophisticated clients with a deeper, broader array of opportunities and solutions. At The Goldstein Group, we are committed to consistently navigating the curve. Innovation is 24/7 at TGG.”
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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 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.
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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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