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NORTH PLAINFIELD, NJ–Levin Management has secured five new shopping center property assignments in recent weeks, reflecting increased interest in third-party retail real estate services that can help improve business, says Matthew K. Harding, the firm’s president and COO.

The North Plainfield-based company assists shopping centers with property management, leasing, accounting, construction management and marketing. Levin has experience in all types of retail, ranging from neighborhood, lifestyle and power centers, to enclosed malls, downtown stores and mixed-use projects.

“Shopping center owners – whether they be institutional, fiduciary or individuals – are more focused today than ever before on maximizing efficiency and appeal at their properties,” Harding says. “They recognize that the best way to increase the bottom line in a challenging economy is to incorporate lean, yet effective, operations, and win top tenants by offering quality shopping environments. Simply put, hiring a firm that specializes in these specific areas, like Levin Management, is a sound business strategy."

Levin Management’s new assignments include leasing- and/or management-specific roles. They include:

  • Olde Lafayette Village in Lafayette. Levin was named court-appointed receiver for the 95,000-square-foot center offering factory outlet stores, specialty and antiques shops, and restaurants. As leasing and managing agent, the company is working toward improving operations and aesthetics, and leasing strategy to fill vacancies.
  • Whiting Town Center in Whiting. AAM Management appointed Levin as manager for the 118,000-square-foot, grocery-anchored asset. In addition to upgrading the center’s appearance and scheduling continuous maintenance, the company is creating a series of special events for local residents.
  • Atlantic Plaza in Pleasantville. Levin is serving as managing agent for a 21,800-square-foot shopping center, on behalf of the lending institution that recently took control of the property. The firm is working on upgrades and improving operations.

The assignments also include two in New York:

  • Pathmark Plaza on Staten Island. The Great Atlantic & Pacific Tea Company named Levin Management leasing agent for its Pathmark Plaza on Arthur Kill Road. The 63,764-square-foot neighborhood shopping center has four units available, ranging from 1,141 to 1,725 square feet.
  • Central Ave. in Scarsdale, NY. The 30,000-square-foot, single-tenant property currently is occupied by a supermarket but will become available in 2014. An existing Levin client retained the firm as exclusive leasing agent to secure a new tenant.

Levin Management’s portfolio is concentrated in New Jersey, New York and Pennsylvania, with additional properties in Virginia, North Carolina and Florida.

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