Positioning Retail Real Estate for a New Generation

April 26, 2021

  • Posted on:  Wednesday, 28 April 2021 01:54
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Levin Management Arranges Brooklyn Lease with Texas Chicken & Burgers

Fast-Food Chain Commits to 1,900 SF at Stanley Ave. Retail Property

BROOKLYN, N.Y., April 26, 2021 – Commercial real estate firm Levin Management Corporation (LMC) has negotiated a 1,900-square-foot lease with fast-food chain Texas Chicken & Burgers at 667-669 Stanley Ave. in Brooklyn. LMC Leasing Representative E.J. Moawad negotiated the transaction on behalf of the property’s ownership.

Texas Chicken & Burgers is a fast-food chain known for its crispy Southern-style fried chicken and variety of “never frozen” burgers. Menu items include biscuits, French fries, salads, and a selection of sides such as corn on the cob, cole slaw, macaroni and cheese, and mashed potatoes. From its original store in Queens, N.Y., the chain has expanded to include almost 40 locations in New York, Philadelphia and Washington, D.C.

“Fast food chains continue to perform well,” Moawad said. “Texas Chicken & Burgers is a great fit for this neighborhood and will be a terrific amenity for the area’s residential and business populations.” Moawad noted that 667-669 Stanley Ave. is supported by excellent demographics. The population within one mile is nearly 98,000, and the property, which includes a City Fresh Market, is well located at the signalized intersection of Stanley and Van Siclen avenues.

For nearly seven decades, North Plainfield, N.J.-based LMC has served as a trusted single-source commercial real estate services provider for institutional and private owners. The firm today maintains a diversified, retail-focused portfolio of 110 properties totaling almost 15.5 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, financial management and reporting, construction management and development, lease administration, marketing services, and acquisition and disposition consulting services. LMC’s capabilities continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.

Read 1019 times Last modified on Wednesday, 28 April 2021 01:56