PROPERTY INFORMATION AND HIGHLIGHTS

Allendale Shopping Plaza, Allendale (Bergen County), New Jersey

This 85,000 square foot community shopping center has an A&P Fresh Store, Learning Express, TD Bank and 13 other tenants.  It is located two miles off of Route 17, next to Saddle River, Upper Saddle River and Wyckoff.  The Allendale Shopping Plaza is located in an affluent area of Bergen County; the average annual household income is over $175,000.

In 1985, The Azarian Group worked closely with A&P in converting its existing store into the first Future Store in the entire country.  That store was the model for other A&P store conversions and was featured in numerous television commercials.  A&P later completed an expansion of its store by an additional 8,000 square feet.

In October, 2006, A&P completed a multi-million dollar renovation and converted the existing store into an A&P Fresh Store.  In August, 2008, The Azarian Group received approvals from the Borough of Allendale to extensively renovate the shopping center and also expand by adding an additional approximate 4,739 square feet of space.  Construction is now underway and should be complete by March, 2010.  Please click here for more details on the renovation project including architectural renderings.  Upon completion the shopping center will be renamed the Allendale Town Center.

Walgreens Shopping Center, Fairfield (Essex County), New Jersey

                        

This 45,000 square foot center is located on Route 46, a major highway with a daily car count of more than 125,000, one-half mile west of Willowbrook Mall, in Fairfield, New Jersey.  Some of the shopping center's rated tenants include Walgreens, Electrolux, Allstate Insurance and Dunkin’ Donuts.  In 2004, The Azarian Group designed, implemented and supervised a complete, major renovation of the shopping center which included a new facade and innovative, internally-illuminated panels with bird designs (click here to view property pictures).  The Azarian Group also oversaw the complete repaving of the entire parking lot and installation of new light poles and fixtures during 2008.  Walgreens replaced Drug Fair in the shopping center in May, 2009.

Hyde Park Mall, Route 9, Hyde Park (Dutchess County), New York

This 145,000 square foot Mall is located adjacent to the world famous Culinary Institute of America and Franklin Delano Roosevelt's Home and Presidential Museum.

The Azarian Group was successful in leasing the former Jamesway space to Ames, which opened on November 1, 1999.  Ames experienced the largest grand opening in the company’s history.  Since opening, the Hyde Park Mall's Ames' location remained in the top 10 of all Ames' stores.

Unfortunately, Ames filed for bankruptcy.  The Azarian Group was able to quickly lease the space to Stop and Shop.  Stop and Shop is presently seeking town approvals and anticipates beginning construction in 2010 (click here for more details and pictures).

Raritan Center, Raritan (Middlesex County) Street, New Jersey

The Azarian Group received Planning Board approvals for the renovation and expansion of the existing 70,000 square foot shopping center in October, 2009.  Drug Fair has converted to Walgreens, which has greatly enhanced the Raritan Center.  The expansion plans also include the construction of a 10,000 square foot pad site (with outdoor play area of 5,000 square feet) which has been leased to The Learning Experience, along with a major renovation of the rest of the shopping center.  Construction should begin in early 2010.  To view architectural renderings and for more renovation detail click here.