Fair Lawn, New Jersey shopping center sold
United States, July 17 -- JLL Capital Markets announced that it advised the seller, TFE Properties, on the sale of River Road Shopping Center, a value-add neighborhood center with redevelopment potential in Fair Lawn, New Jersey.River Road Shopping Center, originally built in 1962, consists of 92,523 square feet of prime retail space spread across three buildings on a 6.45-acre site. Notable tenants include Sherwin Williams and Walgreens. The property also includes a vacant grocery store with covered parking that was previously leased to ShopRite.River Road Shopping Center is located at 17-17 to 17-70 River Rd. within the densely populated and affluent town of Fair Lawn. The property benefits from quick access to major highways including Ro...
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