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David Hamm Of Wafra Inc And Steve Hittman Of Crossroads Companies Acquire Retail Property In Ramsey

Property Image
SOLD
David Hamm
Steve Hittman

New Jersey

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Retail348,742 SF
Sold 04/01/2026
the dealplayerscompscontact
Property Image
SOLD

David Hamm Of Wafra Inc And Steve Hittman Of Crossroads Companies Acquire Retail Property In Ramsey

Retail348,742 SF
Sold 04/01/2026
David Hamm
Steve Hittman
the dealplayerscompscontact
Contact now

Summary

Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:348,742 SF
Transaction Type:Sale

The asset involved in this transaction is the 348,742-square-foot Interstate Shopping Center located at Rt. 17 & Franklin Turnpike in Ramsey. This retail property is grocery-anchored, housing 42 tenants including notable retailers such as ShopRite, TJ Maxx, and Ulta Beauty. It attracts more than 4.3 million annual visitors along the Route 17 corridor.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: Rt. 17 & Franklin Turnpike
  • Market: Ramsey
  • Asset Size: 348,742 square feet
  • Buyer: David Hamm - Wafra Inc; Steve Hittman - Crossroads Companies
  • Broker: CBRE
  • Mortgage Broker: Axiom Capital

Wafra Inc. formed a joint venture with Crossroads Companies for the acquisition of the shopping center. CBRE was responsible for arranging this joint venture, while Axiom Capital facilitated the acquisition financing for the asset.

Players

AXIOM Capital Advisors
AXIOM Capital Advisors
BROKERAGE
CBRE
CBRE
BROKERAGE
David Hamm
David Hamm
2 deals$11.7M volume
BUYER
Steve Hittman
Crossroads Companies
Steve Hittman
1 deal
BUYER

Details

SOLD
IMAGE: David Hamm & Steve Hittman DATE: 04/01/2026 ADDRESS: Rt. 17 & Franklin Turnpike MARKET: Ramsey ASSET TYPE: Retail ~ SF: 348,742 BUYER: David Hamm - Wafra Inc; Steve Hittman - Crossroads Companies BROKER: CBRE (@CBRE) MORTGAGE BROKER: Axiom Capital NOTE: Wafra Inc., in a joint venture with Crossroads Companies, acquired the 348,742-square-foot Interstate Shopping Center in Ramsey, a grocery-anchored retail property with 42 tenants including ShopRite, TJ Maxx and Ulta Beauty.CBRE arranged the joint venture and Axiom Capital arranged acquisition financing for the asset, which attracts more than 4.3 million annual visitors along the Route 17 corridor.

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