February 12, 2024
Annual Outlook Survey Reflects Optimism Despite Inflation/Pricing Concerns The coming year signals an opportunity for growth and strategic change for retailers in a moderating climate, according to Levin Management Corporation (LMC), which today released the findings of its annual Retail Sentiment Outlook Survey. Now in its 13th year, the poll asks retail store managers in […]
READ STORYNovember 6, 2023
Annual Pre-Holiday Survey Shows Performance Optimism, Expectations of Early Peak Sales Retailers in Levin Management Corporation’s (LMC’s) leased and managed shopping center portfolio are optimistic about 2023 holiday sales performance, though not necessarily expecting a repeat of the seasonal velocity recorded over the past three years. The North Plainfield-based commercial real estate services firm today […]
READ STORYAugust 9, 2023
Strong YTD Performance Buoys Sustained Optimism for the Remainder of 2023 Three quarters (75.1%) of retail store managers responding to Levin Management Corporation (LMC)’s annual Mid-Year Retail Sentiment Survey reported their sales levels match or are exceeding last year at this time. Reflecting sustained optimism, an identical percentage anticipates volume to remain steady or pick up […]
READ STORYApril 4, 2023
In regions with supply/demand imbalance, speed to market is vital. Nowhere is this more apparent than in New Jersey’s tight industrial submarkets. Levin served as construction manager for a 78,000-square-foot industrial building at 30 Duke Road in Piscataway. Ideally positioned to meet the needs of users looking for build-out-ready warehouse space, the asset sits in […]
READ STORYNovember 11, 2023
In the current retail climate, backfilling an anchor space may require a different approach than in the past. In the case of a free-standing former Acme supermarket at 176 E. Main Street in Manasquan, Levin orchestrated a full-building lease with CVS Pharmacy. This strategic play catalyzed the transformation of this aging property for its next-generation […]
READ STORYAugust 9, 2023
The market for high-quality, well-located industrial product continues unabated in New Jersey – and so does the justification for new construction. Such was the case at 101 Circle Drive North, where Levin served as construction manager for a ground-up spec warehouse building to expand Rutgers Industrial Center. The 30,000-square-foot facility was leased before completion in […]
READ STORYJuly 31, 2023
Mid-Year Retail: Three Takeaways with an Eye Toward the Horizon Retail has enjoyed a couple of stellar years, and the first half of 2023 has carried this momentum forward. The National Retail Federation predicts total annual sales growth between 4% and 6% — above the pre-pandemic average. Within the retail real estate community, the climate […]
READ STORYJuly 11, 2023
As an essential category — and one that has proven to be Internet-resistant — grocery is a significant element and a tremendous traffic driver for any shopping center. Levin’s reinvention of the 288,000-square-foot Brunswick Shopping Center in North Brunswick underscores its long history as a grocery-anchored retail specialist. When German discount grocer Lidl expanded its […]
READ STORYJuly 11, 2023
National retailers are taking advantage of current opportunities to lease exceptionally good real estate at a good price. Many also mandate that the property owner can deliver the space ready for occupancy. The addition of Mattress Warehouse at North Village Shopping Center underscores Levin’s expertise in securing sought-after tenants and orchestrating the turnkey build-outs they […]
READ STORYJuly 11, 2023
Partnering with a firm that delivers integrated commercial real estate services – in-house construction management along with traditional services such as property management – gives shopping center owners a distinct benefit when it comes to securing a property’s competitive advantage. Such was the case at Chester Springs, a Morris County retail property on Route 206 […]
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