(Shopping Center)
Elmwood Park, NJ

This 152,000 square foot property was acquired through a local partnership. After the general partner was removed from operating the partnership, Richard Shapiro of Winco took over control of the leasing and management of the property. Despite being located 3,000 miles away and facing major challenges including environmental, zoning and community issues, the Center was re-positioned and sold at a profit.

Services Provided
  • Acquisition
  • Leasing
  • Management
  • Repositioning
  • Financing