Positioning Retail Real Estate for a New Generation

February 25, 2021

  • Posted on:  Friday, 26 February 2021 00:56
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Westfield Seafood Under New Ownership, New Lease at 220 South Avenue West

Levin Management Arranges 1,500-SF Commitment for Stand-Alone Shop

WESTFIELD, N.J., Feb. 25, 2021 – With new ownership in place, Westfield Seafood has solidified its commitment at 220 South Avenue West in Westfield with a new lease, announced commercial real estate services firm Levin Management Corporation (LMC). Kendal Hand-Freda, LMC leasing representative, arranged the transaction involving the 1,500-square-foot, stand-alone shop.

Westfield Seafood is a retail fresh fish market that also offers shellfish, prepared foods, and takeout lunches and dinners; it also sells wholesale to restaurants and caterers. Roberto Bonilla, who has worked in the fish business for 20 years, purchased the operation from Vince Bruns, who owned and operated Westfield Seafood since 1984.

“Westfield Seafood is a long-time area staple that has been an important part of Westfield’s business community for more than 30 years,” said Hand-Freda. “We are pleased to see it remain as such, and for Mr. Bruns’ legacy to continue. We look forward to working together with the store’s new ownership for years to come.”

Bonilla, who is operating the business with his son, Bruno, owns four other fish markets, including his main store inside of Hackensack Market in Hackensack. “Although ownership has changed, we plan to operate Westfield Seafood using the same proven formula that has made it a success for 36 years,” Bonilla said. “Along with retaining the store’s existing staff, customers can expect the same high-quality seafood and exceptional service for which the business is known. Westfield is a great community with great people, and we are excited to be here.”

Situated next to a NJ Transit Train Station, 220 South Avenue West is proximate to downtown Westfield, a vibrant shopping and dining destination that is home to more than 450 stores, restaurants and services. The free-standing building is passed by more than 25,000 vehicles per day.

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.

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