Lenox Plaza sells after long span on market

Deal stalled after anchor tenant vacated
Published on May 4, 2007

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by CareyBot

New Jersey brokerage Gebroe-Hammer recently arranged the $20 million sale of Lenox Plaza in West Paterson, N.J. Midland Park, N.J.-based Azarian Group purchased the 50,000-square-foot shopping center from Fairfield, N.J.-based Realty Management. “This was an unusual deal because it took ...