August 7, 2017
Retailers have signed new leases or renewed existing leases for 286,000 square feet of space at properties managed by Levin Management Corporation (LMC) in the past eight months. Most of those properties are in the towns around New York City.
“Retail leasing volume has been and continues to be more robust than the past several years,” said Matthew K. Harding, LMC’s president. “Despite news reports of slower retail sales and continued store closings, activity within our own portfolio and across our market area is quite positive.”
Recent leases include:
– 13,000-square-foot commitment by a specialty grocer at North Village Shopping Center in North Brunswick
– 17,000-square-foot commitment by affordable fitness chain The Zoo Health Club at Somerset Shopping Center in Bridgewater, N.J. (pictured)
– 14,000-square-foot lease with indoor play center Kidz Village at Twin City Shopping Center in Jersey City, N.J.
– 3,000-square-foot lease with The MAX Challenge at Blue Star Shopping Center in Watchung, N.J.
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