Wool & Loom has secured a 12,400 square feet freestanding building lease at 42 Route 17, in Paramus, according to a Monday announcement from the Goldstein Group.
The deal was brokered by Lew Finkelstein, executive vice president; CJ Huter, vice president; and Marc Palestina, vice president of The Goldstein Group. Goldstein Group representing both the tenant and the landlord, 42 Route 17, LLC.
“We recently sold the property — previously occupied by Rugs & Home — to an investor seeking a Paramus property,” said Palestina. “Before closing, we successfully negotiated a lease agreement with Wool & Loom, which is a natural fit given the building’s history as a home furnishings and carpet retailer.”
Wool & Loom is a distinguished retailer of handcrafted woolen rugs offering a diverse selection of high-quality, handmade pieces that blend traditional craftsmanship with timeless design.
This new Paramus location, strategically positioned along the bustling Route 17 corridor, provides the company with an excellent opportunity to expand its reach. Known for its premium wool-based products, Wool & Loom is poised to make a significant impact on the thriving Paramus retail and interior design market.
