Press Release brought to you by Levin Management

Levin Management Announces Two New Tenants at Mayfair Shopping Center in Commack, N.Y.

01/15/2014

North Plainfield, N.J.-based Levin Management has announced two long-term lease agreements totaling 3,300 square feet at Mayfair Shopping Center in Commack, N.Y. The new tenants include pet products retailer Choice Pet Supply (2,500 square feet) and tax services provider H&R Block (800 square feet).

Levin's leasing representative Jake Frantzman negotiated the transactions. David Lucas of Julius M. Feinblum Real Estate Inc. represented Choice Pet Supply; Robert Reinhardt of Reinhardt, Becker, Ford & Associates LLC represented H&R Block.

"Mayfair Shopping Center's mix of national retailers, service providers and restaurants supports an excellent lineup of regional and local tenants, making it one of Long Island's most dominant shopping destinations," said Frantzman. "Choice Pet Supply and H&R Block represent two new retail categories that will greatly enhance the diversity of the center's existing tenant base."

Well located directly on the heavily traveled Jericho Turnpike just west of the Sunken Meadow Parkway, Mayfair Shopping Center serves a growing residential population of more than 204,500 people within a five-mile radius. The marketplace offers an average household income of more than $117,900 and the daily traffic count exceeds 27,000 vehicles.

Anchored by a 60,000-square-foot Waldbaum's supermarket, Mayfair Shopping Center's impressive lineup of national and regional tenants includes Gap/Gap Kids, Ann Taylor Loft, New York & Company, Justice, Jos. A. Bank, Stride Rite, Red Mango, Chico's, Claire's, GameStop, Verizon Wireless, Rite Aid, Sherwin Williams, Cactus Beauty Salon, Capital One Bank and Outback Steakhouse.

Current leasing opportunities include a 12,000-square-foot space that can be sub-divided.

Levin is one of the nation's leading retail real estate services firms, with a strong focus in the northeastern United States and an owner's approach to the business. The firm's portfolio and internal resources have grown consistently over the years, responding to a variety of retail and economic climates. Today, Levin offers a full range of services for a diverse portfolio that encompasses approximately 95 properties and more than 13 million square feet. These services include leasing, property management, accounting, construction management and marketing. Levin specializes in repositioning, retenanting and renovating retail properties - areas that have become particularly vital for today's institutional and individual property owners.

With headquarters in North Plainfield, N.J., Levin serves properties ranging from neighborhood, community, lifestyle and power centers, to enclosed malls, street retail, downtown stores and mixed-use projects in New Jersey, New York, Pennsylvania, Massachusetts, Virginia and North Carolina. In business for six decades, the company taps into its associated, expansive tenant roster to conduct Retail Sentiment Surveys three times each year that provide insight on industry trends and sales performance.

Levin has earned a long list of coveted awards over the years. Since 2011 alone, the firm was ranked 30th among Top US Real Estate Companies and named three times among the nation's top property managers by Commercial Property Executive magazine, placed among the nation's top 10 redevelopers by Chain Store Age, credited as one of the state's top 10 real estate developers by New Jersey Business magazine, and ranked third on NJBIZ's Top Property Management Companies list and sixth on NJBIZ's Top Commercial Real Estate Developers list.

01/14/2014 - 17:28

Source

Levin Management

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