Celebrating over 20 years of Engineering Excellence

8A — December 19 - January 15, 2015 — Shopping Centers — M id A tlantic

Real Estate Journal


S hopping C enters

Suserman represented both the seller and owner Ripco sells former Electronics Expo in Paramus, NewJersey

Celebrating over 20 years of Engineering Excellence!


aramus, NJ — Flo- rian Suserman of Ripco Real Estate announced the sale of 166 North Route 17, the former Electronics Expo. Suserman represented both the seller and the buyer. The two-story freestanding retail building consists of 18,200 s/f on two floors. “We weren’t surprised to receive multiple offers on this prime Route 17 property,” said Suserman. “Paramus remains one of the top retail zip codes in the country. With approximately 150,000 cars passing the site daily and five P

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166 North Route 17

major regional malls (Simon’s Riverside Square, Westfield’s Garden State Plaza, Vornado’s Bergen Town Center, GGP’s Paramus Park, and The Fash- ion Center) within three miles, this site offers true value to retailers.” Located in the heart of Para- mus’ retail epicenter, the prop- erty is conveniently located north of Route 4 between the Century Road and Midland Avenue turn-around area and just south of the Garden State Parkway. It has great access and exposure on the highway. n Sperry Van Ness – Miller Commercial Real Estate hires Allen Handy SAL I SBURY , MD — Brent Miller, CCIM, CPM , managing director and senior SVN-Miller team as an Advi- sor. Handy will be working out of the satellite Seaford, DE office with SVN-Miller senior advisor Tom Knopp . Handy has experience devel- oping properties in Delaware and will focus on land and commercial retail properties in Sussex and Kent Counties in Delaware. Senior advisor Tom Knopp said, “Allen’s experi- ence in commercial real estate development, in addition to his experience owning Lo-Mar Office Products in Seaford, DE for 27 years, will make him a valuable and welcome asset to the SVN-Miller team.” n Allen Handy advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury announc ed that Al len Handy has j o i ned t he

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