Editor’s Note
Sprucing it up

New Jersey is largely built out, at least as far as the best locations are concerned, meaning redevelopment is often the only option. That’s driving a series of new investments by shopping center owners that have secured new deals with supermarkets and other big-box tenants. Those landlords are now renovating their assets in conjunction with the new anchor leases, which figures to help attract new retailers to those properties.

Retail
LMC: Dollar Tree leases 15,000 sq. ft., fills half of former Bed Bath store in Howell

Dollar Tree has taken 15,000 square feet for a new location on Route 9 in Howell, in a transaction announced Thursday by Levin Management Corp.

Professional Services
Pacheco joins Levin Management as controller

Commercial real estate industry veteran Lilian Pacheco has joined Levin Management Corp. as a controller, the North Plainfield-based firm announced Tuesday.

Professional Services
Leasing, investment sales broker Marolakos joins Levin Management Corp.

Levin Management Corp. has deepened its bench with the addition of Christian Marolakos as a leasing and investment sales representative.

Retail
LMC: Liquor Cave adds newest brick-and-mortar store with 7,400 sq. ft. lease in Bridgewater

A wine and spirts retailer is expanding in the state with a newly completed, 7,400-square-foot lease in Bridgewater, according to a team with Levin Management Corp.

Industrial
Carrier Enterprise takes 78,000 sq. ft. at new Piscataway industrial building, LMC says

HVAC distributor Carrier Enterprise has leased a newly completed, 78,000-square-foot industrial building in Piscataway to become the latest user at the township’s Rutgers Industrial Center.

Retail
LMC: Italian eatery opens inside 2,100 sq. ft. at Newark’s Springfield Avenue Marketplace

A new pizzeria and Italian restaurant has opened its doors at Newark’s Springfield Avenue Marketplace, according to a leasing team with Levin Management Corp.

Retail
Somerset, Monmouth county shopping centers fully leased after LMC-brokered deals

A furniture store has taken nearly 5,800 square feet at a neighborhood shopping center in Franklin Township, in one of two newly announced leases by Levin Management Corp.

Retail
LMC: America’s Best leases 3,600 sq. ft. at Capitol Plaza in Ewing

America’s Best Contacts & Eyeglasses has taken 3,600 square feet at a community shopping center in Mercer County, according to a leasing team with Levin Management Corp.

Retail
Retailers see store growth, adaptation as key to competing in 2024, LMC survey finds

Retailers are increasingly focused on growth in the year ahead, with plans to open new stores and adapt their businesses in hopes of staying competitive.