Mei Japanese Steakhouse Opens at Riverfront Plaza in Hackensack, N.J

Sushi Bar and Hibachi Grill Render Neighborhood Shopping Center Fully Leased. End Quote

Newark, NJ (1888PressRelease) February 10, 2011 - The recent opening of Mei Japanese Steakhouse & Sushi Restaurant, a top-of-the-line sushi bar and hibachi grill, has rendered Riverfront Plaza, a 130,000-square-foot neighborhood shopping center in the heart of Hackensack, N.J., fully leased. Located at 500 South River St., between Henry Place and East Moonachie Road, the ShopRite-anchored retail center recently underwent a repositioning initiative and is one of Bergen County's prime shopping destinations.

Offering an array of convenience and lifestyle services, Riverfront Plaza features a diverse tenant mix. Blockbuster, Chase Bank, GNC, Mandee, Radio Shack, Subway, Supercuts, Talk of the Town Video, Water Depot and Verizon Wireless are among the long-term lessees.

"Riverfront Plaza's strategic location, high visibility, ease of access and consumer-friendly designs support businesses like Mei Japanese Steakhouse, which are opening their doors to offer local residents the convenience of fine cuisine in their own neighborhood," said Ken Fioretti, leasing agent for Crossroads Companies, LLC, the property owner and manager.

As one of the area's most modern retail centers, Riverfront Plaza has contributed toward revitalizing the South River Street business district. The ShopRite and roster of national, regional and local retailers have successfully generated a high volume of foot traffic, especially during the daytime when Hackensack's population typically triples due to the city's designation as the seat of Bergen County.

"Hackensack is a 24/7 city, just 12 miles from Manhattan, where people live, work, dine and enjoy leisure activities," said Fioretti. Served by a vast transportation network, area highway routes include Routes 4, 17, 46 and I-80 and almost 50 bus and rail lines link to Port Authority Bus Terminal, George Washington Bridge Bus Terminal, Newark and Jersey City.

Crossroads Companies is a leading regional developer of neighborhood and supermarket-anchored shopping centers, based in Mahwah, N.J. The company's development expertise extends from project conception to completion. Services include shopping center development, project consulting, management and leasing services. Crossroads' portfolio is valued at approximately $150 million.

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