Real Estate

The Principals of Value Companies and the Goldstein Group Launch Full-Service Property Management Firm

Andrew Abramson of Value Companies and Alan Goldstein of The Goldstein Group, the principals of prominent New Jersey real estate companies, recently announced a new joint-venture partnership providing full-service management for retail, industrial and commercial property owners in New Jersey and New York.

Called Corestone Management, the new firm is expected to fill a significant void in the commercial marketplace by offering a complete package of advisory services and customized asset management.  Corestone will draw on more than 100 years of combined experience in construction, operations, repair and maintenance, customer service, budgeting, demographic research and leasing to create a cutting-edge approach that blends traditional business methods with innovative techniques to effectively market and manage properties.

“We’re excited to announce this partnership and see tremendous growth potential in today’s competitive retail market,” says Andrew Abramson, president and CEO of Value Companies, an awarding-winning Clifton-based property management firm and apartment owner and developer.  “Corestone Management will offer landlords and owners the advantage of an ‘in-house’ management utilizing Value’s expertise and leasing team utilizing Goldstein’s expertise that will raise the bottom line and increase the operating income of their portfolio.  Our goal is to create value by analyzing and improving properties, whether it’s through repositioning, renovating existing assets, tenant relations, maintenance operations and other programs.”

“The retail and commercial sector lacks a full-service provider of leasing and asset management,” adds Alan Goldstein, Chairman of The Goldstein Group, which has provided retail real estate services to landlords, national and regional chains, restaurants and local retailers for 30-plus years.  “With the high demand of landlords actively looking to outsource the management of their properties, we will now be implementing this important component to the services we provide.”

“Our clients have expressed strong interest in a company that could offer all the services they need under one umbrella.  That’s exactly what we’re providing with Corestone Management. We’re combining the expert retail knowledge and contacts of The Goldstein Group with the nearly 70-years of experience in property management of Value Companies to provide a highly-professional approach, detailed research tools and access to in-depth advisory services.”

Related Articles: