Press Release

Aldi Opens Its Doors In The Revitalized Hazlet Towne Center, Hazlet, New Jersey

PARAMUS, NJ. (2019) – Paramus, NJ (2019) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced it has arranged a lease between Aldi Supermarkets and OASG Hazlet, LLC, a joint venture between Onyx Equities, Siguler Guff, and Abrams Realty & Development, in Hazlet, New Jersey according to Chuck Lanyard, President of The Goldstein Group. Aldi has opened its doors in the revitalized Hazlet Town Center located at 3010-3054 Route 35 in Hazlet New Jersey.

The deal which consists of approximately 21,400 square feet of retail space was brokered by Lew Finkelstein, Executive Vice President at The Goldstein Group and CJ Huter, Vice President at The Goldstein Group in conjunction with Brian Wherty of Equity Retail Brokers..

“The property was purchased in 2016 with the intent of redeveloping the well-located shopping center and there has been tremendous interest in the former Kmart and Pathmark boxes since”, stated Lanyard. “Lew and CJ have worked with the owners to provide a strategy in re-tenanting the property with new retailers and restaurants. Aldi recently opened its new prototypical design store and other deals are to be announced shortly.

Aldi, a leader in the grocery retailing industry since 1976, operates more than 1,800 U.S. stores in 35 states. More than 40 million customers each month benefit from the simple, streamlined approach ALDI brings to retailing. ALDI has been one of America’s favorite grocery retailers, and for the eighth consecutive year, the Value Leader for grocery shoppers, according to a 2018 survey of U.S. consumers by Market Force Information®**.

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.