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Posts tagged leasing

After a Strong 2016, Our Retail Tenant’s Outlook is Optimistic

Annual LMC Outlook Survey Reveals Growth Trend, Continued Evolution Retailers in our 95-property, 13 million-square-foot shopping center portfolio are feeling good about the future. In fact, three quarters (74.5 percent) of respondents in our annual Retail Sentiment Outlook Survey of store managers are optimistic about their anticipated 2017 [...]

Investors in Retail Real Estate Are Seeking Expert Advice

Levin Expands Its Third-Party Services to Meet Growing Demand By Joseph Lowry, SVP-Leasing and Acquisitions A paradigm shift is underway in retail and in the retail real estate industry. One result is a surge in the demand for third-party services. In the last 28 months, our investment advisory practice took on over 21 new retail leasing and [...]

Annual Post-Holiday Survey: Seasonal Cap Positive Year

Retailers Ramping Up Staffing and Tech-Related Marketing for 2015 The results of our annual Post-Holiday Retail Sentiment Survey are in and the news is good. Participating store managers in our 95-property, 13.0 million-square-foot shopping center portfolio reported a healthy rise in both yearly and holiday sales and traffic. Optimistic as a [...]

Will Falling Gas Prices Pump New Life Into Retail Sales?

Retail Trend Watchers Predict Upcoming Surge in Consumer Spending Across the U.S., drivers are doing the happy dance at the gas pump. And they’ve got cause for celebration. Between September 25, 2014 and January 5, 2015, the average price of gas fell every single day, dropping nearly a full dollar from July levels and delivering a reported to [...]

Blink Fitness Opens at Clifton Plaza in Clifton, N.J.

Retail Real Estate Trend Predicted Earlier This Year Is Materializing Fast Blink Fitness recently celebrated the grand opening of its newest New Jersey location at our Levin-managed Clifton Plaza in Clifton. The affordable fitness chain occupies 15,000 square feet of newly constructed retail space at the 80,000-square-foot shopping center. Fi [...]

Retail Real Estate Trends: In-Store Restaurants and Hip Hybrids are On the Rise

High-End Cuisine and Artisanal Coffee Draw Customers, Boost Sales The grand department stores of yesteryear – Marshall Field’s, Hudson’s, Wanamaker’s and others – always featured a “tea room” where elegant ladies could enjoy refreshments during shopping sprees. Over the decades, in-store food service has changed, along with shopping styles, b [...]

Outlook on Holiday Retail Sales is Optimistic

But Analysts Present a Mixed Picture of How Robust the Increase Will Be After a tepid back-to-school season and with Black Friday just weeks away, all eyes in retail, including retail real estate, are fixed on analysts’ predictions for 2014 holiday spending. The majority of the announcements are cause for good cheer, with major forecasts from [...]

Now’s the Time to Expand and Renovate in Retail Real Estate

Improvements are Key to Attracting Tenants, Shoppers and Investors Current market conditions present a strong incentive to evaluate the repositioning of a retail property. Most important, financing rates are – at least for now – at historic lows. The number of tenants looking for space is increasing and construction pricing remains competitiv [...]

Recently Renovated Hamilton Plaza Reaches Full Occupancy

America’s Best Contacts and Eyeglasses Inks Lease for 4,500 Square Feet Levin-managed Hamilton Plaza (Hamilton Township, N.J.) has notched a major milestone in commercial retail leasing, achieving 100 percent occupancy with the lease of America’s Best Contacts and Eyeglasses. Currently in an aggressive expansion mode, the 350-store chain of [...]

Summertime and Retail Real Estate is Heating Up

Levin Welcomes Five New Tenants Brisk activity continues in retail commercial real estate as we settle into Summer 2014. Levin-managed properties in high-growth communities in New Jersey and revived areas on Long Island have landed long-term leases with five retail businesses, assuring our continued leadership position among retail leasing co [...]