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Ridgemont Shopping Center Sold For $17M In Park Ridge With Brokers From Marcus & Millichap And Jeffery Realty

Property Image
SOLD
$17,000,000
William (Bill) Farkas
John Moroz
David Cafiero
+ 1

New Jersey

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Retail71,650 SF
Sold 01/29/2025
the dealplayerscompscontact
Property Image
SOLD

Ridgemont Shopping Center Sold For $17M In Park Ridge With Brokers From Marcus & Millichap And Jeffery Realty

177 Kinderkamack Road

See Similar Deals
Retail71,650 SF
Sold 01/29/2025
William (Bill) Farkas
John Moroz
David Cafiero
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$237
Total Square Footage:71,650 SF
Transaction Type:Sale

The Ridgemont Shopping Center, a retail property located at 177 Kinderkamack Road in Park Ridge, recently sold for $17,000,000. Covering an area of 71,650 square feet, the property has a price per square foot of $237. Lidl serves as the anchor tenant, while other tenants include Staples, Chase, and Starbucks.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $17,000,000
  • Square Footage: 71,650 SF
  • Price per Square Foot: $237
  • Address: 177 Kinderkamack Road
  • Market: Park Ridge

Marcus & Millichap's Alan Cafiero, David Cafiero, and John Moroz, along with William (Bill) Farkas from Jeffery Realty, were involved in representing the transaction. Their collaboration resulted in the successful sale of this retail asset.

Players

Alan Cafiero
Marcus & Millichap
Alan Cafiero
100 deals$763.8M volume(201) 240-7367
BROKER
David Cafiero
Marcus & Millichap
David Cafiero
28 deals$209.6M volume
BROKER
John Moroz
Marcus & Millichap
John Moroz
16 deals$126M volume
BROKER
William (Bill) Farkas
Catalyst Real Estate Partners
William Farkas
8 deals$42.9M volume(973) 223-6600
BROKER

Details

SOLD
IMAGE: Alan Cafiero, David Cafiero, John Moroz & William (Bill) Farkas DATE: 01/29/2025 ADDRESS: 177 Kinderkamack Road MARKET: Park Ridge ASSET TYPE: Retail BROKERS: Alan Cafiero (@Hoxrule3), David Cafiero, John Moroz - Marcus & Millichap (@MarcusMillichapInc) & William (Bill) Farkas - Jeffery Realty (@JefferyRealty) SALE PRICE: $17,000,000 SF: 71,650 ~ PPSF: $237 NOTE: Ridgemont Shopping Center, a 71,650 SF retail property in Park Ridge, sold for $17M. Lidl anchors the center, with tenants including Staples, Chase, and Starbucks; Marcus & Millichap’s Alan and David Cafiero, John Moroz, and Jeffery Realty’s Bill Farkas represented the deal.

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