The Goldstein Group Announces The Sale of a Commercial Strip Center in East Hanover New Jersey

The Goldstein Group Announces The Sale of a Commercial Strip Center in East Hanover New Jersey

PARAMUS, NJ. (2022) – The Goldstein Group, a leading provider of retail real estate services announced the sale of a commercial strip center located at 33-39 Ridgedale Avenue, East Hanover, New Jersey according to Chuck Lanyard, President of The Goldstein Group.

The sale of the 15,000 square foot center which is anchored by Cresthill Academy, early education center, was brokered by Lew Finkelstein, Executive Vice President and CJ Huter, Vice President for The Goldstein Group who represented both the seller, MVD, LLC and buyer, South Fifth, LLC. Mike Spagnolo, Vince Macri and Don McHugh were the sellers while Sam Pareddy is the purchaser.

“After a comprehensive marketing campaign of the property, we were able to narrow down the focus of a few potential purchasers”, noted Lanyard. “We were able to work through the details of the deal for all parties involved and the buyer was able to add this property to their portfolio.”

The site, which is off the Route 10 and Ridgedale Avenue intersection, is located near a new Wawa that is under construction. Other stores nearby include PGA Superstore, Target, HomeGoods, Costco Wholesale, Chilis, Starbucks, Dunkin Donuts, McDonalds.

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.