Positioning Retail Real Estate for a New Generation

October 12, 2018

  • Posted on:  Tuesday, 16 October 2018 17:24
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Ulta Beauty Opens at North Village Shopping Center in North Brunswick, N.J.

National Beauty Retailer Enhances Tenant Mix with New, 13,000-SF Location

NORTH BRUNSWICK, N.J., Oct 12, 2018 – National beauty retailer Ulta Beauty this month celebrated the grand opening of a 13,000-square-foot location at North Village Shopping Center. Located on Route 1 in North Brunswick, the 128,000-square-foot center is exclusively leased and managed by Levin Management Corporation (LMC).

Ulta Beauty is the largest beauty retailer in the United States and a premier destination for cosmetics, fragrance, skin, hair care products and salon services. The company offers more than 20,000 products from approximately 500 well-established and emerging beauty brands across all categories and price points.

“As one of today’s top national brands, Ulta Beauty is a perfect fit for North Village Shopping Center as we continue to expand the property’s offerings,” said Vanessa Fernandez, LMC’s leasing representative for the center. “We are celebrating this opening right along with Ulta, which is playing a key role in providing an enhanced retail experience for the regional community.”

The Ulta Beauty opening comes one year after the addition of Trader Joe’s and the completion of a retrofit to create new retail space availabilities at North Village Shopping Center. The property is also anchored by Bed Bath & Beyond, Michaels Arts & Crafts and Staples, with other retailers including Panera Bread, Smashburger, Chili’s and a soon-to-open Sport Clips. The property, which benefits from a prime location with a 100,000-vehicle daily traffic count, serves a residential population of almost 263,000 people within a five-mile radius.

LMC is marketing select availabilities at North Village Shopping Center.

For more than 65 years, LMC has served as a trusted single-source commercial real estate services provider for institutional and private owners. The firm today maintains a diversified, retail-focused portfolio of approximately 105 properties totaling 15 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, financial management and reporting, construction and development, lease administration, marketing services, and acquisition and disposition consulting services. LMC’s capabilities continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.

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