GLEN ROCK, NJ, SEPTEMBER 19, 2006 — The Goldstein Group, NJ’s leading full-service retail brokerage firm, recently completed its Route 10 Retail Vacancy Survey, which shows a 3.66% vacancy rate through the Route 10 Corridor in Livingston and East Hanover, New Jersey.  This low vacancy rate indicates a very tight retail market with limited available space on the Route 10 Corridor.

The survey which was recently completed, analyzed over 130 properties within the highway corridor from Eisenhower Parkway in Livingston to Algonquin Parkway in Whippany, which encompasses over three million square feet of retail space.  Each individual property was researched by Goldstein’s team of research professionals.

According to The Goldstein Group’s analysis, the Route 10 Corridor has a 3.66% vacancy rate with a total of over 113,000 square feet of vacant retail space.  Some of the biggest blocks of space currently available include the 56,000-square-foot former Levitz Furniture building in Livingston and the 23,500-square-foot former Office Max space in East Hanover.

Over 74,000 square feet of space has been absorbed so far this year by tenants such as: Applebee's, Citibank, Sleepy's, Tiger Schulman Karate, Wild Noodles Restaurant, Hoffman Floors, Great Clips, and Let’s Eat By Celenatano.

The limited new construction for the current year includes the new Petsmart store of 27,000 square feet, a new 8,300 square foot strip center to be anchored by Standard Tile as well as the new Warnock Lexus Dealership in Whippany.  The present Livingston Lexus dealership will be converted to a new retail strip center.

“The Route 10 retail corridor has one of the lowest vacancy rates in the New Jersey retail marketplace.  With the small amount of available space on this heavily trafficked highway, I would say that retailers will quickly absorb this space by the end of 2006,” stated Chuck Lanyard, principal and director of brokerage services of The Goldstein Group.  “These current positive market trends make the Route 10 Corridor a hot destination for national and local retailers.”

The Goldstein Group, NJ’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, NJ.

For more information, please contact

Chuck Lanyard at 201.703.9700, extension 15