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Ashkenazy Buys Two Shopping Centers

RAMSEY, NJ-Ashkenazy snaps up close to 150,000-sf of retail space in two Garden State transactions.

By Sean Ryan | Updated on September 20, 2005

Sean Ryan is associate editor of Real Estate New Jersey . (For more retail coverage, click GlobeSt.com/RETAIL.)

RAMSEY, NJ-Ashkenazy Acquisition Corp. has acquired two shopping centers in the Garden State. The company picked up the Triangle 17 Shopping Center on the Route 17 corridor here and the Washington Bridge Shopping Center in Fort Lee.

Triangle 17, which sold for $19.6 million, is a 90,631-sf complex 100% leased by Pathmark, Blockbuster Video, Hollywood Tans and Supercuts. The seller, Emmes Partners V, was represented by the CB Richard Ellis Tri-State Investment Team.

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