The Goldstein Group Announces The Sale of Inman Grove Shopping Center in Edison New Jersey for $24 Million

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey successfully brokered the sale of the Inman Grove Shopping Center located at 1125 Inman Avenue, Edison, New Jersey, according to Neil Goldstein, Principal of The Goldstein Group.

CJ Huter, Vice President, Lew Finkelstein, Executive Vice President, Marc Palestina, Vice President and Roy Paret, Salesperson for The Goldstein Group represented the seller, Oak Grove Associates. The purchaser Edison 10, LLC was represented by Century 21 John Anthony Agency.

The 120,000 square foot shopping center site sold for $24 million dollars. Tenants at the site include Taco Bell, Wells Fargo, Ivy Rehab, Planet Wings, Allstate, Dunkin’, CSL Plasma, Subway, UPS Store, Verizon, Kumon, Dairy Queen, Discovery Christian Montessori School and Vino Sandro liquors. The center boasts excellent visibility, abundant on-site parking, and a daily car count exceeding 22,000, making it a prime location for retailers.

CJ Huter, commented, “The sale of Inman Grove Shopping Center underscores the strong demand for well-located retail properties in New Jersey. The availability of the former Stop & Shop space presents an excellent opportunity for retailers seeking a prominent location with high visibility and substantial foot traffic.”

For leasing inquiries regarding the former Stop & Shop space or other available units within the Inman Grove Shopping Center, please contact CJ Huter at The Goldstein Group.

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 The Sale of 2 Properties in Wayne and Union New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services, announces the sales of 465-479 Route 46, Wayne, New Jersey and 2550 Route 22, Union, New Jersey, according to Neil Goldstein, Principal of The Goldstein Group.

“These properties represent the continued demand for well-located real estate in strategic suburban markets,” noted CJ Huter, Vice President. “Both Wayne and Union are vibrant commercial hubs, and these sales demonstrate investor confidence in the long-term growth of these communities. The transactions are reflective of a broader base in New Jersey’s retail sector, with buyers showing increased interest in high traffic, accessible properties.”

The Wayne sale consisted of a 50,000 square foot former Bloomingdale’s Furniture space and an 18,000 square foot space leased by The Suit Store, which The Goldstein Group brokered several months ago. Lew Finkelstein, Executive Vice President CJ Huter, Vice President, Marc Palestina, Vice President and Roy Paret, Sales Associate represented the seller which was a combination of AJJK Management LLC, Askum Investors Wayne LLC, Trishul Wayne, LLC, Jasmera Wayne, LLC, Samaja Wayne LLC, BGVA Holdings LLC. The buyer was GCL Investment LLC.

The site is located near the Route 46, Route 23 and Route 80 intersection and is positioned in the prime Route 46 retail corridor. Area retailers include The Tile Shop, PC Richards & Son, Lidl, Home Depot, Staples, Starbucks, Hobby Lobby, Marshalls, Aldi, Homesense, Costco, Nordstrom Rack, Dick’s and Home Goods.

The Union sale consisted of a 5,300 square foot building on 0.42 acres. Lew Finkelstein, CJ Huter, and Marc Palestina of The Goldstein Group represented the seller, The G/M Herrigel Family, LLC. The buyer was 2550 Route 22 Investors, LLC.

This free-standing building which is currently leased to a home furnishings tenant and a cannabis user is located in the busy Route 22 Union/ Springfield corridor. Area retailers include Home Depot, Walmart, Chase Bank, TJ Maxx, Petsmart, Total Wine & More, IHOP, Wendy’s, Starbucks, Wren Kitchen, Shop Rite, Barnes & Noble, and Dave’s Hot Chicken.

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.