Steven Siegel, a vice president investments and senior director of Marcus & Millichap’s National Retail Group in Manhattan, is representing the developer.
“Oakland Crossroads is an excellent opportunity for an investor to acquire a brand-new, three-tenant retail property with national credit tenants that is virtually management-free in an affluent Northern New Jersey neighborhood,” says Siegel.
Located on the signalized intersection of Route 202 and Route 208/Interstate 287, the shopping center is situated on 3.7 acres adjacent to a parcel of land that will include a 30,000-square foot office building upon commencement of construction. The office building is not included in the Oakland Crossings offering.
Currently under construction, Walgreens, Starbucks and Columbia Bank are scheduled to open for business in November or December 2008.
Press Contact: Stacey Corso