HomeReal Estate & DevelopmentLevin expands N.J. portfolio with new shopping center assignment

Levin expands N.J. portfolio with new shopping center assignment

Commercial real estate firm Levin Management Corp. announced Monday it has been named the leasing agent for a retail shopping plaza in Franklin Park.

The 67,500-square-foot Somerset Plaza Shopping Center is located at 3151 Route 27.

“Retenanting efforts currently are underway for a former supermarket space at the property, which will further bolster its appeal and competitive positioning in the marketplace,” he said. “Our efforts here initially will focus on maintaining and enhancing the center’s curb appeal,” Robert Carson, president, LMC said.

LMC said the assignment represents continued expansion for its New Jersey retail portfolio.

“This ownership – for whom LMC currently manages two other properties – is familiar with our capabilities in delivering high-quality commercial real estate services and wanted to bring that same level of consistency to Somerset Plaza,” Carson said. “This assignment is particularly rewarding because it demonstrates how our ability to continually provide a high level of customer service fosters long-term business partnerships.”

The Somerset Plaza Shopping Center’s co-tenancy includes Dollar General and PNC Bank as well as restaurants and service providers.

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