PARAMUS, NJ (2025) – The former Shop Rite and adjacent retail spaces in Fair Lawn, New Jersey have been sold. The Goldstein Group, a leading provider of retail real estate services in New Jersey successfully brokered the sale of the shopping center at 17-17 to 17-77 River Road, Fair Lawn, New Jersey, according to Neil Goldstein, Principal of The Goldstein Group.

Marc Palestina, Vice President, CJ Huter, Vice President, Lew Finkelstein, Executive Vice President, and Neil Goldstein for The Goldstein Group represented the seller, 17-77 River LLC and SSM River LLC. The purchaser BSPSS Mid-Atlantic, LLC was represented by Frank Truesdell and John Picco from Cushman & Wakefield.

Originally constructed in the 1990’s and shuttered in June 2023 following Shop Rite’s relocation to a larger facility on Maple Avenue, the River Road property now sits raised for transformation. The sale of the 6.45-acre site included a vacant 54,500 square foot former ShopRite, a freestanding Walgreens, and a 14,900 square foot strip center anchored by Sherwin Williams. The site sold for $14,000,000.00.

“The purchaser has plans to reposition the former ShopRite space for a new use,” noted Palestina. “While the property was initially introduced to the market for lease, a strategic sale opportunity materialized, prompting ownership to shift strategy and move forward with the sale.”

The property benefits from quick access to major routes like Routes 208, 4 and 17 as well as Interstate 80, offering unmatched regional connectivity. Additionally, it’s located in proximity to local professional offices, educational institutions, residential areas and several multi-housing communities.

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 Places Nile Dispensary in West New York New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced that Nile Dispensary has leased space at 5409-5411 Bergenline Avenue, West New York, New Jersey according to Neil Goldstein, Principal of The Goldstein Group.

The deal, which consists of an 8,500 sq ft space was brokered by Lew Finkelstein, Executive Vice President, CJ Huter, Vice President and Chris Conway, who represented both the tenant and the landlord, Ortega Associates.

“Cannabis dispensary shops are starting to open more locations throughout New Jersey,” noted Finkelstein. “Due to all the resolutions between the State and the Municipalities, these types of deals take a long time to conclude. This deal was no exception and it took patience and understanding from all the parties to bring this deal to fruition.”

Nile Dispensary of NJ is a licensed cannabis dispensary based in West New York, New Jersey, offering a wide range of premium cannabis products. The dispensary’s mission is to provide a safe, welcoming environment where individuals can find high-quality cannabis products that meet their unique needs. Nile Dispensary of NJ is committed to education, customer service, and being an active member of the community.

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 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.

The Goldstein Group Announces Placing Strand Salon Studios in Hoboken New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey/New York, announced it has placed Strand Salon Studios at The Hudson Tea development site, on the corner Hudson Street and 15th Street, Hoboken, New Jersey according to Neil Goldstein, Principal of The Goldstein Group.

Strand Salon is taking 4,217 square feet of space. Marc Palestina, Vice President of The Goldstein Group represented the tenant, Strand Salon Studios while Daniel Bodner of Alvarea and Marsal Property Solutions represented the landlord, AP 1425 Hudson Street, LLC.

Set along the banks of New Jersey’s new Gold Coast, Hudson Tea is a mixed-use development of 236 luxury condominiums and retail space. The neighborhood includes more than 6,000 residential units.

“Strand Salon Studios continues to open additional locations throughout the metropolitan area,” noted Palestina. “Hoboken is a dynamic market that has a tremendous amount of people and will be growing due to the new additional residential developments in the pipeline.”

Strand Salon Studios was founded by operators with 20+ years’ experience in property management, real estate and in the beauty industry. They provide beauty professionals with luxurious customizable room rentals who operate their own independent businesses.

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 Bojangles in Piscataway New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced it has placed Bojangles at 1000 Stelton Road, Piscataway, New Jersey according to Neil Goldstein, Principal of The Goldstein Group.

This deal consists of 1.23 Acres where a former Exxon station was located. Lew Finkelstein, Executive Vice President, CJ Huter, Vice President and Chris Conway, handled the transaction.

“Bojangles is a new restaurant to the New Jersey market,” noted Goldstein. “There are many chicken concept restaurants seeking sites in New Jersey and throughout the country. This will be one of the first Bojangles locations in Northern/Central New Jersey.”

Bojangles was founded in 1977 in Charlotte, North Carolina and now has 800 restaurants in 17 states that specializes in southern chicken, buttermilk biscuits and tea made fresh daily from real recipes. Bojangles received fame in 1989 when its restaurants remained open when Hurricane Hugo struck the Carolinas and most other fast-food restaurants had closed.

Area retailers and restaurants include, Shop Rite, Target, Walmart, Lowe’s Home Improvement, Burlington, Wendys, Starbucks, Five Guys, Chick Fil A, Pep Boys and Dunkin.

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 Li’s Hot Pot & BBQ on Route 46 in Little Falls New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced that Li’s Hot Pot & BBQ has opened in the former Six Brothers Diner location at 475 Route 46 East, Little Falls, New Jersey according to Neil Goldstein, Principal of The Goldstein Group.

The deal for the 7,000 square foot space was brokered by Chuck Lanyard, President for The Goldstein Group and Chris Conway representing both the landlord, Mandelbaum & Krupnick, LLC and Li’s Hot Pot & BBQ. Li’s is taking over the former Six Brothers Diner location on Route 46 which is located next to Montclair State University.

“Li’s operates several restaurants throughout New Jersey serving different cuisines,” noted Goldstein. “The hot pot concept has recently taken off as consumers enjoy the experience.”

Area retailers and restaurants include Amazon Fresh, Kohl’s, Shop Rite, Banes & Noble, McDonalds, Popeyes, Spark Car Wash, Planet Fitness, Walgreens, Chili’s Restaurant, Taco Bell, AT&T, Starbucks, Capital One Bank, Public Storage and Vitamin Shoppe.

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 Brokers $37 Million Sale of Washington Bridge Plaza in Fort Lee

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey announced the sale of Washington Bridge Plaza at 2151 Lemoine Avenue, Fort Lee, New Jersey, according to Neil Goldstein, Principal of The Goldstein Group.

The purchase price was $37 million dollars for the 47,000 square foot retail center anchored by Walgreens. CJ Huter, Vice President for The Goldstein Group, Marc Palestina, Director and Lew Finkelstein, Executive Vice President represented the purchaser, Young Property, LLC. Baruch (Bruce) Herman of Booth Street Realty represented the seller AAC Fort Lee Properties, LLC.

“We were able to assist a long-time client who needed a 1031 Exchange,” noted Huter. “There were many obstacles to overcome including timing, but all parties were able to deal with the issues and bring the deal to fruition.”

Washington Bridge Plaza is leased to national tenants such as Walgreens, Dollar Tree, Jersey Mike’s, and Kung Fu Tea. Other tenants at the center include The Gyro Project, Bon Epi, Fort Lee Vision, Binghamton Bagel & Deli, Belle Journee Bakery, Pho Today, Punta Cana, 101 Chicken and Kura Revolving Sushi.

The shopping center benefits from its prime location within Fort Lee’s main commercial corridor, surrounded by over 2,250 multifamily units within a half-mile radius. Adjacent retailers include ACME Markets, Starbucks, McDonalds and Valley Bank. Its proximity to Fort Lee’s bustling downtown, which boasts more than 30 restaurants, bars, and cafes, further enhances its appeal. Additionally, the property offers quick access to the George Washington Bridge, Interstate 95, and routes 46 and 4, making it a strategic location for both retail and residential purposes.

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 Burger King on Route 10 in East Hanover New Jersey

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced Burger King has opened at the former Boston Market location located at 332 Route 10, East Hanover, New Jersey according to Neil Goldstein, Principal of The Goldstein Group.

The deal, which consists of a free-standing 2,800 sq ft building, was brokered by Chris Conway, who represented both the tenant, East Hanover Rest 332, LLC and the owner, Giordano Longo LLC.

“Boston Market has closed down most of their locations which are in prime spots that other restaurants want,” noted Goldstein. “Ironically, Burger King used to operate a location in the Route 10 East Hanover market years ago but closed it. A new franchisee is opening this location.”

Retailers and Restaurants in the area include, Michaels, Best Buy, R.E.I., Home Depot, Dollar Tree, Five Below, Planet Fitness, The Vitamin Shop, Panera Bread, Jersey Mike’s Subs, Dunkin, Wendys, and Chipotle.

Founded in 1954, the Burger King brand is the second largest fast food hamburger chain in the world. They operate in more than 17,800 locations in more than 100 countries and U.S. territories.

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 New Jersey and New York

PARAMUS, NJ (2025) – The Goldstein Group, a leading provider of retail real estate services announced the sale of 197 Route 17, Paramus, New Jersey and Nyack Knolls, 37 Route 59, Nyack, New York according to Neil Goldstein, Principal of The Goldstein Group.

The Paramus sale consisted of free standing 3,650 square foot building on .92 acres. Goldstein and John Ostrowski, Vice President of The Goldstein Group represented the buyer Twelve Route 4 LLC. Greg Panayoti of NIA National Realty represented the seller, PB One, LLC. The buyer plans on renovating the building as Electronics Expo will be opening a new store at the site.

The Nyack Knolls sale consisted of an 8,000 square foot strip center with four tenants. Scott Milich, Vice President for The Goldstein Group represented the landlord, Pizzazz Holdings, LLC and purchaser MDDK Realty LLC.

“We are thrilled to announce the sale of two more properties in the region” noted Goldstein. “Over the past several months we have seen an uptick in the market of people interested in purchasing retail properties. The Paramus sale provided an opportunity for a new tenant to enter the market while the Nyack, New York property was an investment sale situation.”

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.