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Retailers pour in to new Lodi center.


The Goldstein Group has announced its affiliate, Goldstein Development Company, along with ARC Properties will be developing Essex Square, a new 16,000 s/f retail center in Lodi, New Jersey Lodi is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 23,971. The Borough of Lodi is governed under the 1923 Municipal Manager Law. .

The center is anticipated to open in the Spring of 2007.

Lew Finkelstein, vice president at The Goldstein Group, inked a 3,800-s/ f lease at Essex Square on behalf of North Fork Bank North Fork Bank was an American bank headquartered in Melville, New York purchased by Capital One at the end of 2006 for $14.6 billion U.S. dollars. It was only the second bank bought by Capital One, and was the larger of two acquisitions comprising Capital One's 2005-06 expansion . He represented both North Fork and the center's ownership in this transaction.

"We are pleased to be developing this new, state-of-the-art retail center and to have completed the North Fork Bank lease at Essex Square," stated Chuck Lanyard, principal and director of brokerage services. "Essex Square is an exciting, new retail center offering tenants an outstanding location and excellent demographics."

Essex Square is located at the intersection of Route 17 and Essex Street and has a daily car count of over 70,000 vehicles.

Neighboring tenants include Home Depot, National Wholesale Liquidators National Wholesale Liquidators Inc. is a West Hempstead, New York-based company that operates a chain of warehouse-style Closeout discount stores in the eastern and Midwestern United States. It offers a mix of brand-name items, everyday household items, and furniture. , Stop & Shop, Duane Reade, Pathmark, Boston Market, Dunkin' Donuts, Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Longhorn Steakhouse and Hudson City Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. .
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Aug 9, 2006
Words:177
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