PARAMUS, NJ-Commercial real estate brokerage firm The Goldstein Group reports it has launched an investment sales division that will be headed by real estate and finance veteran Bruce Shmilowitz.

With 30 years experience in investment sales, acquisitions and residential land development, Shmilowitz was appointed a director of the Paramus-based firm. For more than a decade, Shmilowitz worked for Roseland Property and its successor company, Starbare Associates, as the director of dispositions and director of land acquisitions.

Over the last several years, He has bought and sold investment properties from banks and estates and has also participated in a number of residential land developments. He has been instrumental in the marketing and sale of more than $300 million worth of properties, company officials say.

“We are pleased to welcome Bruce as the director of The Goldstein Group's new Investment Sales Division,” states Chuck Lanyard, president. “With over 30 years of experience in the industry, Bruce brings forth the knowledge and talent we are looking for to lead a team of talented sales professionals looking to provide our clients with the utmost professional sales investment service.”

The Goldstein Group represents more than 12 million square feet of retail space and more than 50 national and regional retailers.