Press Release

The Goldstein Group Announces the Sale of an Outparcel at Cranberry Plaza in Pennsville New Jersey

The Goldstein Group Announces the Sale of an Outparcel at Cranberry Plaza in Pennsville New Jersey

PARAMUS, NJ. (2024) – The Goldstein Group, a leading provider of retail real estate services announced the sale of an outparcel at 233 S. Broadway, Pennsville, according to Neil Goldstein, Principal of The Goldstein Group.

The sale consisted of a pad site of 1.5 Acres at Cranberry Plaza. Scott Milich, Vice President for The Goldstein Group and Chris Conway represented both the seller, South Jersey Shops 2019 LLC and the buyer Paramount Realty NJ, LLC.

Paramount Realty plans to develop the vacant land pad site into a Wawa convenience store with multiple gas tanks. Cranberry Plaza is anchored by a Save A Lot and Auto Zone which is on a pad site. Area tenants include Walgreens, Bayshore Ford auto dealership, Pennsville Library and a United States Post Office, Pennsville National Bank and Fulton Bank.

“This pad site at Cranberry Plaza provides an exceptional opportunity for Wawa to relocate from a smaller convenience store only site to provide its customers with a full convenience store along with gas” noted Goldstein. “Paramount has developed many Wawa properties and had the experience and expertise to handle this asset which needed to be subdivided from the larger parcel.”

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.

45 Eisenhower Drive, Paramus, NJ 07652 | 201.703.9700 | thegoldsteingroup.com
Licensed Real Estate Broker | All information is from sources deemed reliable and is subject to errors, omission, change of price, terms, rental, prior sale and withdrawal without notice.