The owner of a nine-property, 840,000-square-foot portfolio in New Jersey and Pennsylvania has tapped Levin Management Corp. to manage the mix of mostly retail assets.
Retail leaders see a clearer path to recovery, despite continued uncertainty
Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space.