Newmark trades Plaza at Mountain Lakes shopping center

Newmark Associates, based in Cedar Knolls, on Friday said it helped trade the sale of the Plaza at Mountain Lakes shopping center.

The Plaza at Mountain Lakes, a retail and office property consisting of approximately 12,000 square feet, boasts a prime location offering residents and visitors unmatched convenience. Situated within walking distance of the train station, the property enjoys prime accessibility attracting a steady flow of foot traffic. The Plaza also includes a liquor store, home schooling space, a dental practice and several office tenants.

Jeannette Melillo, a seasoned professional at Newmark Associates, was responsible for the sale of the property, playing a pivotal role in the completion of this transaction.

Melillo’s expertise provided her client with an accurate assessment of the property to help guide the decision-making process. Her knowledge of the area ensured her clients were apprised of the most recent market trends.

“Our team at Newmark Associates is thrilled to have been part of this successful transaction,” Susanne Newmark, president of Newmark Associates, said. “The Plaza at Mountain Lakes is an exceptional property, and we are confident that the new investor will continue to realize the property’s potential.”