$20m store sale.Marcus Marcus, in the Bible: see Mark, Saint. & Millichap Real Estate Investment Brokerage Company recently announced the sale of Washington Bridge For the bridge in Rhode Island, see Washington Bridge (Providence). For the bridge in Minneapolis, see Washington Avenue Bridge (Minneapolis). For the bridge in New York that crosses the Hudson River, see George Washington Bridge. Plaza, a neighborhood shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in Fort Lee, New Jersey Fort Lee is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 35,461. Fort Lee was formed by an Act of the New Jersey Legislature on March 29, 1904, from the remaining portions of Ridgefield Township. . The property commanded a sales price of $20 million. Steve Siegel, a senior associate in the firm's Manhattan office marketed the property and also secured the ultimate buyer, a Manhattan-based company who was completing a 1031 exchange. Sold for over $400 per square foot, the property is located at 2151 Lemoine Avenue. The property is adjacent to several luxury high-rise apartment buildings and office buildings. As more companies and families flee flee v. fled , flee·ing, flees v.intr. 1. To run away, as from trouble or danger: fled from the house into the night. 2. Manhattan for Fort Lee, there is an increasing need for local retail services. The healthy retail environment of this center also reflects the consistent strength of the Fort Lee marketplace. "The purchaser of this shopping center owns properties around the country and looks for prime, A+ irreplaceable real estate," said Siegel, a director of Marcus & Millichap's National Retail Group. |
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