Crossroads Companies, LLC Names Al Giglio Owner's Representative

Mahwah, N.J.-Based Real Estate Firm Expands In-House Legal and IT Expertise. End Quote

Bergen-Passaic, NJ (1888PressRelease) August 04, 2012 - Al Giglio of Ramsey, N.J., has been named Owner's Representative at Crossroads Companies, LLC, a full-service real estate firm specializing in the development, management and leasing of shopping centers in the New Jersey/New York metropolitan region. The Mahwah, N.J.-based company's portfolio includes 350,000 square feet of grocery-anchored shopping centers and free-standing single net-leased properties with a tenant roster that includes HSBC, Walgreens and Wells Fargo Bank.

In his new role, Mr. Giglio is responsible for shopping center agencies, as well as the oversight of Crossroads' information technology and legal divisions. A graduate of Ithaca College and Fordham Law School, he is an industry veteran with more than 25 years of real estate and computer technology experience.

"We are pleased to welcome Al to Crossroads Companies, where he joins an in-house team of talented property management, construction, leasing and project development professionals, whose business expertise and diverse backgrounds span virtually every aspect of real estate," said Steve Hittman, CEO of Crossroads Companies. "He will contribute in a significant manner toward the continued growth and expansion of Crossroads Companies' leasing agencies, acquisition and development, as well as consulting assignments."

The company's activities focus on real estate development, property acquisitions, and leasing and property management services. Crossroads' expertise is in the acquisition and/or development of supermarket-anchored shopping centers. Crossroads owns, manages, and leases supermarket-anchored shopping centers in Hackensack, N.J., Hillsdale, N.J., Franklin Township, N.J., Somerset, N.J., and Stony Point, N.Y. It also represents Inserra ShopRite Supermarkets, Inc., a 22-store regional supermarket chain, and PSK Supermarkets, a 12-store regional supermarket chain, as a consultant on family-owned real estate projects and retail assignments.

Established in 2001, Crossroads has earned a reputation for its attractive user-friendly project designs of neighborhood supermarket-anchored shopping centers. The company also is highly regarded for maximizing property values for clients as well as sales potential for shopping center tenants.

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