Property Management

Crossroads provides property management services to our retail and real estate clients. Services include on-site property management and administrative services. Our clients include supermarket chains, REITs, fund advisors, independent food anchors, family offices and property owners. We supervise daily day-to-day operations for properties to ensure properties are well maintained. We hire and supervise vendors and sub-contractors for snow removal, sweeping, repairs, maintenance and capital expenditures.

Our administrative services include recording of title, leases, mortgage recording documents, township approvals, developer agreements, TCO's, CO's, site plans, fixture plans, construction documents, AIA contracts, lien waivers, construction expenditures, lease amendments, and lease termination agreements. We utilize the Yardi® Property and Asset Management software data base system, which provides ease of recall for title searches, refinancing of mortgages and/or subsequent sale of properties.

We bill and collect rentals from tenants, create annual operating budgets for property owners, reconcile income statements, operating expenses, CAM and RET, and provide monthly management reports that include rent rolls and lease expirations, renewal options and monthly ledger expenses. We provide quarterly financial reports to investors, property owners and lenders. We attend to tenant complaints, negotiate lease renewals, termination agreements, challenge tax assessments and supervise evictions of tenants for non-payment of rent. We are the fiduciary party responsible to interface with attorneys, accountants, lenders and other professionals on the property owner's behalf.

Select Properties Managed by Crossroads Companies

1 Filors Lane

Stoney Point, NY

Free-standing Drug Store

Brief Overview

  • Approx. 1.8 Acre Parcel
  • 14,800 ft2
  • Built: 2019
  • Anchor Tenant: Walgreens
  • Sold

187 Arch Street

Ramsey, NJ

Free-standing Bank Branch

Brief Overview

  • Approx. 0.08 Acre Parcel
  • 2,700 ft2
  • Built: 2008
  • Anchor Tenant: HSBC Bank Branch

22 Holt Drive

Stony Point, NY

Multi-tenant Shopping Center

Brief Overview

  • Approx. 10 Acre Parcel
  • 88,000 ft2
  • Built: 2011
  • Anchor Tenant: ShopRite
  • In-line Tenant(s): ShopRite Liquors, Super Cuts, Pet Supplies Plus

35 Marshall Hill Road

West Milford, NJ

Multi-tenant Shopping Center

Brief Overview

  • Approx. 12 Acre Parcel
  • 110,000 ft2
  • Built: Current Expansion of ShopRite and Remodel of Shopping Center
  • Anchor Tenant: ShopRite
  • TJ Maxx, Wells Fargo Bank, Rite Aid, Liquor Store, Frank's Pizza

371 Broadway

Hillsdale, NJ

Multi-tenant Shopping Center

Brief Overview

  • Approx. 3.5 Acre Parcel
  • 11,800 ft2
  • Built: 2017
  • Anchor Tenant: ShopRite Liquors
  • In-line Tenant(s): Pet Supplies Plus

375 Patterson Avenue

Wallington, NJ

Multi-tenant Shopping Center

Brief Overview

  • Approx. 11 Acre Parcel
  • 91,000 ft2
  • Built: 2014
  • Anchor Tenant: ShopRite
  • In-line Tenant(s): ShopRite Liquors, GNC, Pets Supplies Plus, Polish & Slavic Federal Credit Union

430 Greenwood Avenue

Wyckoff, NJ

Free-standing Supermarket Building

Brief Overview

  • Approx. 8.5 Acre Parcel
  • 62,000 ft2
  • Built: Spring 2018
  • Anchor Tenant: ShopRite

435 Elizabeth Avenue

Somerset, NJ

Free-standing Supermarket Building

Brief Overview

  • Approx. 9.4 Acre Parcel
  • 73,000 ft2
  • Built: 2007
  • Anchor Tenant: ShopRite

439 Elizabeth Avenue

Somerset, NJ

Free-standing Bank Branch

Brief Overview

  • Approx. 2 Acre Parcel
  • 4,300 ft2
  • Built: 2012
  • Anchor Tenant: Wells Fargo Bank

441 Elizabeth Avenue

Somerset, NJ

Multi-tenant Shopping Center

Brief Overview

  • Approx. 6 Acre Parcel
  • 43,000 ft2
  • Built: 2016
  • Anchor Tenant: ShopRite
  • In-line Tenant(s): Panera, PetSmart, Hand & Stone, Go Wireless, Doctor Dental, Robert Wood Johnson Hospital, Frank's Pizza, MooYah Burgers

540 New York Avenue

Lyndhurst, NJ

Free-standing Drug Store

Brief Overview

  • Approx. 15 Acre Parcel
  • 143,800 ft2
  • Built:
  • Anchor Tenant: Walgreens
  • Sold

713-719 American Legion Drive

Teaneck, NJ

Free-standing Building

Brief Overview

  • Approx. 1 Acre Parcel
  • 11,800 ft2
  • Built: 2016
  • Anchor Tenant: SGI-USA

  • Cricket Wireless
  • Dollar General
  • Dr. Dental
  • GNC
  • Go Wireless
  • Hand & Stone
  • Home Goods
  • HSBC Bank
  • Mooyah
  • Panera
  • Pet Supplies Plus
  • PetSmart
  • Popeyes
  • Rite Aid
  • ShopRite
  • ShopRite Liquors
  • Subway
  • Super Cuts
  • Supermarkets Plus
  • TJ Maxx
  • Walgreens
  • Wells Fargo

Save Money, Eliminate Overhead, Let us Implement Best Practices for your Properties