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CBRE arranges partnership for sale of Interstate Shopping Center in Ramsey | ROI-NJ
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CBRE arranges partnership for sale of Interstate Shopping Center in Ramsey | ROI-NJ

  • CBRE arranged a joint venture equity partnership for Interstate Shopping Center in Ramsey.
  • Crossroads Companies partnered with Wafra to acquire the center.
  • Tenants include ShopRite, TJ Maxx, Michaels, Macy’s, Burlington and DSW.
  • The center is located at the Route 17 and Franklin Turnpike interchange, 28 miles northwest of Manhattan.
  • The deal reflects Crossroads’ equity-raising efforts for acquisition opportunities.
  • CBRE noted the process was highly competitive with Wafra chosen as the preferred partner.
  • Sellers and collaborators praised the teamwork in closing the transaction.
  • Interstate Shopping Center is 348,763 square feet and grocery/pharmacy-anchored.
  • Center sits in the Northern New Jersey retail submarket.
  • The listing and coverage appeared in ROI-NJ on April 7, 2026.
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