The Goldstein Group Announces the Sale of Two Retail Properties in Paramus and Wayne New Jersey

The Goldstein Group Announces the Sale of Two Retail Properties in Paramus and Wayne New Jersey

PARAMUS, NJ. (2024) – The Goldstein Group, a leading provider of retail real estate services has announced the sale of 461 Route 17, Paramus and 555 Hamburg Turnpike, Wayne, according to Neil Goldstein, Principal of The Goldstein Group.

The Paramus sale which formally housed Medrite Urgent Care, a Huffman Koos and Moda Furniture consisted of a 16,920 square foot building. Lew Finkelstein, Executive Vice President, CJ Huter, Vice President and Marc Palestina, Director for The Goldstein Group represented the seller, MRT 461, LLC. Henry Song from Prominent Properties Sotheby’s International Realty represented the buyer, Juskait Holding Company LLC.

“The Paramus sale had several parties interested in the site and ultimately in the end a user was found that plans on relocating their existing business to the site”, noted Palestina. “This was our second recent Paramus sale closing and we are working on a couple of other transactions.”

The Wayne sale consisted of 3.5 acres of vacant land with a house. Approvals for a self-storage facility have been obtained. Lew Finkelstein, Executive Vice President and CJ Huter, Vice President represented both the seller George Lighthiser and the buyer Basis Acquisitions.

“This transaction took some time as township approvals were needed and they were finally resolved after several meetings”, noted Finkelstein. “The site is located on the heavily traveled Hamburg Turnpike, affording the user tremendous exposure and is close to the new Aldi Supermarket site.”

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.