The site will serve as a service unit for Verizon FIOS' advancedtechnology products and services, said Ray Harari, leasingrepresentative for Levin Management, which represented the owner inthe transaction; Verizon FIOS was represented by Michael Stone ofCushman & Wakefield.


"Placing new concepts in new markets always means very specific,demanding requirements," Harari says. "Choosing the right sites isabsolutely crucial to the success of any new roll-out, and TtheHills Village Center provides some of the strongest demographics inNew Jersey."


Located at 400-470 US Highway 202/206 in Bedminster, the109,800-square-foot center was created as the retail component of a5,000-unit planned development known as the Hills. The site has afive-mile population of more than 60,000, with a median householdincome of $120,987 and an average household income of nearly$173,000 a year.


Originally a service-oriented property, the Hills Village Centerhas transitioned into a retail-oriented property during Levin'stenure. Major tenants include Kings Supermarket, CVS, PNC Bank,Starbucks, McGrath's Hardware, GNC, and Peapack-Gladstone Bank.With the addition of Verizon FIOS to the tenant roster, only twostores--of 960 square feet and 1,240 square feet--remain available.Two second-floor office spaces are also available.

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