By Joshua Burd
A local congregation has acquired a 23,000-square-foot former strip center property in Middlesex County, in the largest of several new deals by The Goldstein Group.
Chris Conway, a director with the brokerage firm, represented Patel Cash & Carry Inc. in its sale of the undisclosed property in South Amboy. Nicholas Diamaintis represented the buyer, St. Mary & Archangel Raphael Church.
Conway also brokered the sale of Sussex Plaza, a 10,100-square-foot property on East Main Street in Sussex, working alongside Richard Curran III on behalf of Sussex Plaza Realty LLC. The pair also represented the buyer, Anil Bansal, which sits on 2.73 acres with direct access to Route 284 and proximity to Route 23, noting that area tenants include Napa Auto Parts, Chase Bank, Friendly’s, Verizon and Hyundai.
“Over the past several years, we have been involved in many more property sales,” said Chuck Lanyard, president of The Goldstein Group. “We have seen an uptick in desirable properties selling. Owners are looking to sell their valuable properties to entrepreneurial buyers who are taking advantage of favorable selling prices and very low mortgage rates.”
In Middle Township, The Goldstein Group Vice President John Ostrowski represented 3707 Route 9 S. Realty LLC in its purchase of a 2,300-sqaure-foot building. Mark Gerlach of Metro Commercial represented the seller, Ocean First Bank N.A.
