The Goldstein Group Sold a 2.6 Acre Parcel to Choice Hotels in Somerset New Jersey

The Goldstein Group Sold a 2.6 Acre Parcel to Choice Hotels in Somerset New Jersey

PARAMUS, NJ. (2024) – The Goldstein Group, a leading provider of retail real estate services in New Jersey, announced they have sold a 2.6-acre parcel of land located at 1860 Easton, Avenue, Somerset, New Jersey, to Choice Hotels International, Inc. according to Chuck Lanyard, President of The Goldstein Group.

The transaction was brokered by Marc Palestina, Vice President and Lanyard as they represented the buyer and the seller Engle Burman at Somerset LLC.

This site is located next to a Quick Check Gas and Convenience Store and the Bristal Assisted Living Facility. Other hotels in the area include, Hampton Inn, Double Tree By Hilton, Comfort Inn, Courtyard by Marriott, Sonesta Suites, Springhill Suites, Residence Inn and Fairfield Inn and Suites.

“The Easton Avenue and Interstate 287 corridor is known for the many hotels that are in the area”, noted Palestina. “Choice had been targeting the area to add a hotel and this site fit their requirements.”

Choice Hotels International, Inc. is an American multinational hospitality company based in North Bethesda, Maryland and is one of the largest and most successful lodging franchisors in the world. Choice currently franchises more than 7,000 hotels in more than 40 countries and territories. Ranging from limited service to full-service hotels from the upscale to economy segments.

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.