PARAMUS—The Goldstein Group recently closed eight large store lease transactions. Some of these transactions were for fitness centers, which are actively expanding in the retail markets.
The Goldstein Group completed the following transactions in the second half of 2011:
*Home Goods leased 24,000 sq. ft. at Veterans Square Towne Center in Lyndhurst, a 144,000-sq.-ft. retail center. President Chuck Lanyard and Matthew Flath represented the landlord in the transaction.
*Harbor Freight took 17,000 sq. ft. at 1016 Main Avenue in Clifton, a 30,000-sq.-ft. retail strip center. President Chuck Lanyard represented the landlord in the deal.
*Petsmart renewed its lease of 20,000 sq. ft. on Route 17 in Paramus. The Goldstein Group represented the landlord in the transaction.
*The firm leased 16,200 sq. ft. to Nissan at 331 Route 4 West in Paramus. President Chuck Lanyard and Vice President Lew Finkelstein of The Goldstein Group represented both landlord and tenant in the transaction.
*The Goldstein Group completed two transactions for Planet Fitness: a 19,100-sq.-ft. lease at 1 South Main Street in Toms River, and a 16,500-sq.-ft. deal at West Falls Plaza on Route 4 in Woodland Park. Vice Presidents Curtis Nassau and Florian Suserman represented Planet Fitness in both transactions, and also represented the landlord in the Woodland Park transaction.
*Ledgewood Fitness completed a 20,000-sq.-ft. deal at 1103 Route 46 in Ledgewood, a 125,000-sq.-ft. retail center. President Chuck Lanyard and Vice President Lew Finkelstein represented the landlord in the transaction.
*The firm completed a 21,000-sq.-ft. lease with the upscale fitness club at 340 Ramapo Valley Road in Oakland. Vice President Lew Finkelstein and Ryan Glastein represented the landlord in the transaction.