Iselin, New Jersey, November 5, 2014. Helena Loelius, Senior Vice President and Trista Ricciardelli, Vice President of Sitar Realty Company-TCN Worldwide announced today that exclusive retailer, Nordstrom Rack will be arriving in The Crossroads at Eatontown, 231 Highway 35, Eatontown, New Jersey. The opening is scheduled for Fall of 2015. Nordstrom Rack will be occupying 35,500 square feet at the center. “We are thankful that our upgrade is complete and excited to have Nordstrom’s Rack as a new addition to our family of stores,” said Darlene Lukaszewicz, manager of LGR Associates, LP. LGR Associates. LP was established in 1962 and is still run by the family matriarch, Kelly Lutzker.
The Crossroads at Eatontown, a renovated center, is conveniently located across from the main entrance of the Monmouth Mall. The Nordstrom Rack Store will be situated on the corner of Highway 35 and Highway 36 with easy access from Exit 105 on the Garden State Parkway and Exit 13B on Route 18. The Center consists of 105,735 square feet. Other tenants at the center include Macy’s Furniture and Fortunoff Backyard. Helena Loelius, Senior Vice President and Trista Ricciardelli of Sitar Realty Company-TCN Worldwide are LGR Associates’ leasing representatives at the Eatontown location. They released the following statement, “We are pleased with Nordstrom Rack and what they will bring to a vibrant marketplace.” Construction is to commence Fall of 2014 by Gerard Construction Corp of Wall, New Jersey. Jeffrey Howard of Ripco Real Estate Corp, represented the tenant.
About Sitar Realty Company-TCN Worldwide
Based in Iselin, New Jersey, Sitar Realty Company-TCN Worldwide is the largest remaining privately owned commercial real estate firm in New Jersey. The firm has been in existence since 1978. Sitar Realty Company specializes in retail, office and industrial leasing and sales, property disposition, consulting, investments, property management, rent receiverships, development and property tax consulting/tax appeals. The firm has consistently represented owners, developers and corporations for some of the largest leases signed in the New Jersey metropolitan area. Sitar Realty Company also has offices in both Sea Girt and Asbury Park that focus on both commercial and residential real estate.
In 2011, Sitar Realty Company was selected to become a member of TCN Worldwide. TCN Worldwide is comprised of more than 800 commercial real estate professionals serving more than 200 markets worldwide. As a member of the TCN Worldwide system, Sitar Realty Company is able to provide corporate real estate services to its clients in national and international markets utilizing the best local expertise.
For more information, please visit the Sitar website at www.sitarcompany.com.