Crossroads Companies Announces Two New Retail Lease Agreements at Riverfront Plaza, Hackensack, N.J

Sept. 25, 2012 - PRLog -- Crossroads Companies, LLC, has announced two new lease agreements totaling 7,250 square feet at Riverfront Plaza in Hackensack, N.J. Hilti, a hardware and tool retailer, and HSHS Liquors will occupy two separate storefronts at the 130,000-square-foot neighborhood shopping center in the heart of the Bergen County seat.

Located at 500 South River St., Riverfront Plaza is strategically situated between Henry Place and East Moonachie Road. The ShopRite-anchored retail center is one of the area's prime shopping destinations. Among the retailers offering an array of convenience and lifestyle services are Chase Bank, GNC, H&R Block, J-B Pet Supply, KFC, Mandee, Radio Shack, Subway, Supercuts, Taco Bell, Verizon Wireless and Water Depot.

"Riverfront Plaza is anchored by Inserra ShopRite Supermarkets. It is one of the highest volume ShopRite stores in Bergen County," said Al Giglio, owner's representative of Crossroads Companies, the property owner and manager. "In addition to location and high visibility, the shopping center's ease of access draws over 25,000 people a week to our shopping center. Riverfront Plaza's tenant mix is comprised of national, regional, and local retailers". Crossroads is currently marketing 1,750 square feet of retail space at Riverfront Plaza, which is the sole vacancy available for immediate occupancy.

A high foot-traffic, 24/7 city, Hackensack's population triples during the daytime business hours. Just 12 miles from Manhattan, the area is served by a vast transportation network. Area highways include Routes 4, 17, 46 and I-80 and almost 50 bus and rail lines that link to Port Authority Bus Terminal, George Washington Bridge Terminal, Newark, and Jersey City. Within a two-mile radius of Riverfront Plaza, the average income is $71,279, and the population is close to 80,000.

Crossroads Companies, LLC, is a full-service real estate firm specializing in the development, management and leasing of shopping centers in the New Jersey/New York metropolitan region. The Mahwah, N.J.-based Company's portfolio includes 350,000 square feet of grocery-anchored shopping centers and free-standing single net-leased properties.

In addition to Riverfront Plaza, Crossroads owns, manages, and leases supermarket-anchored shopping centers in Hillsdale, N.J., Franklin Township, N.J., Somerset, N.J., and Stony Point, N.Y. It has pending supermarket-anchored projects in Wyckoff, New Milford, West Milford, and Wood-Ridge, N.J. Crossroads also provides property management, development, & leasing services to owners of shopping centers in metro NY/NJ. Its consulting group provides consulting services to Inserra ShopRite Supermarkets, Inc., a 22-store regional supermarket chain, and PSK Supermarkets, a 12-store regional supermarket chain, among other national & regional chains.

Established in 2001, Crossroads has earned a reputation for its attractive user-friendly project designs of neighborhood supermarket-anchored shopping centers. The company also is highly regarded for maximizing property values for clients as well as sales potential for shopping center tenants.