NORTH PLAINFIELD, NJ–Retail real estate services firmLevin Management has inked more than three dozennew leases, renewals and expansions totaling 277,000 square feetduring the past four months, says Matthew K.Harding, president of the company.Levin's year-to-date activity total now exceeds600,000 square feet, marking continued momentum for the Northeastretail market, where the majority of its 13 million-square-foot,95-property leasing and management portfolio is located.

Levin's largest new lease in the period fromJune through September involved a 30,808-square-foot commitment byStein Mart, which will open its first Long Islandlocation at Mayfair Shopping Center in Commack,NY. In New Jersey, T.J.Maxx leased 23,000 squarefeet at St. Georges Crossing in Woodbridge, whileStaples signed on for 14,249 square feet atNorth Village Shopping Center in North Brunswick.At Mid-Town Plaza in Middletown, PA, a7,400-square-foot lease to AutoZone representedLevin's largest recent Keystone State transaction.

“Leasing has picked up markedly among tenants looking toestablish or expand their footprints in the Northeast,” saysHarding. “Grocers, affordable fitness chains, off-price retailersand fast-casual restaurants are among the most active categories,with strong demand from national, local and franchisecompanies.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].