The Goldstein Group Announces The Sale of 3 Commercial Properties Throughout New Jersey

PARAMUS, NJ. (2022) – The Goldstein Group, a leading provider of retail real estate services announced the sale of three commercial properties in New Jersey according to Chuck Lanyard, President of The Goldstein Group.

“We continue to see activity in the market as investors and users remain interested in purchasing properties even in the current climate,” noted Lanyard.

The sale of 163 Route 17 South, Paramus, New Jersey, consisted of a 14,230 square foot strip center which is leased to TD Ameritrade and Men’s Warehouse. Lew Finkelstein, Executive Vice President for The Goldstein Group represented the buyer, VanRock Properties LLC. Greg Panayoti for NIA National Realty represented the seller R&P Bombardieri.

The second transaction was the sale of 588 Broadway, Norwood, New Jersey which was a former Chase Bank facility of 2,800 square feet.  Finkelstein and CJ Huter, Vice President for The Goldstein Group represented the seller, 588 Broadway Associates LLC. Jason Lee of Eastern Realty represented the buyer, KNBOO LLC.

The final transaction was a freestanding building at 463 Lyons Avenue, Newark, New Jersey that sits next to Lyons Plaza which is home to Super Fresh Supermarkets, Snipes, Metro PCS, Blimpie’s, Popeyes, Gamestop, Golden Krust, and Rent-A-Center. Other area tenants include Autozone, Dollar Tree, White Castle, Burger King and Planet Fitness.  Finkelstein and Huter represented both the seller, EFM Corp and buyer, 463 Lyons LLC.

About The Goldstein Group
The Goldstein Group, New Jersey’s leading full-service commercial real estate brokerage firm, specializes in owner representation, retailer representation, investment sales and management services. The firm, founded in 1986, represents over 12,000,000 square feet of retail space and numerous national and regional retailers and restaurants. The Company is the New Jersey member of the Retail Brokers Network. As an RBN affiliate, The Goldstein Group provides clients assistance throughout the United States with qualified retail specialists in over 65 offices in the United States and Canada.

For more information on the Retail Brokers Network, visit www.retailbrokersnetwork.com.

For more information, contact Chuck Lanyard at (201) 703-9700, extension 115 or visit the Company’s website at www.thegoldsteingroup.com.

The Goldstein Group Announces Placing Capitol Lighting on Route 4 in Paramus New Jersey

PARAMUS, NJ. (2022) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced that it has placed Capitol Lighting at 290 Route 4, Paramus, New Jersey according to Chuck Lanyard, President of The Goldstein Group.

This lease transaction consisted of 7,100 square feet. Lanyard and Marc Palestina, Director for The Goldstein Group represented the Landlord, NTH 290E LLC.  Frank Greco for Savills, Inc. represented the tenant. “Their former location on Route 17 in Paramus, in which they had operated for decades, was recently closed for redevelopment. We were pleased that Capitol Lighting chose this new and strategic location to continue their Paramus store operation,” noted Lanyard.

Capitol Lighting first opened its doors in 1924 in Newark, New Jersey. They also have New Jersey stores in East Hanover and in Eatontown, as well as three locations in South Florida.

About The Goldstein Group
The Goldstein Group, New Jersey’s leading full-service commercial real estate brokerage firm, specializes in owner representation, retailer representation, investment sales and management services. The firm, founded in 1986, represents over 12,000,000 square feet of retail space and numerous national and regional retailers and restaurants. The Company is the New Jersey member of the Retail Brokers Network. As an RBN affiliate, The Goldstein Group provides clients assistance throughout the United States with qualified retail specialists in over 65 offices in the United States and Canada.

For more information on the Retail Brokers Network, visit www.retailbrokersnetwork.com.

For more information, contact Chuck Lanyard at (201) 703-9700, extension 115 or visit the Company’s website at www.thegoldsteingroup.com.