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Rare Grocery-Anchored Deal: Park Ridge Shopping Center Sells For $17M
A 71,650-square-foot grocery-anchored retail center in Bergen County has been sold for $17 million, according to Marcus & Millichap, the brokerage that assisted in the sale
Ridgemont Shopping Center attracted significant interest, with more than 20 offers from investors, highlighting its prime location and tenant mix, the firm said.
The property, anchored by Lidl, is home to 12 national and regional tenants, including Staples, Chase Bank, and Starbucks, at 169-199 Kinderkamack Road in Park Ridge.
Marcus & Millichap’s Alan Cafiero, David Cafiero, and John Moroz, along with…
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.
Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says.
This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions.
Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…