Positioning Retail Real Estate for a New Generation

January 15, 2020

  • Posted on:  Thursday, 16 January 2020 22:28
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A Slice of Brooklyn Headed to Hamilton Plaza in Hamilton Twp., N.J.

Contemporary Italian Restaurant/Pizzeria Leases 2,400 SF at Levin-Managed Center

HAMILTON, N.J., Jan. 15, 2020 – A Slice of Brooklyn, specializing in high-quality Italian food and wood-fired pizza in a contemporary setting, is coming to Hamilton Plaza in Hamilton Township, announced commercial real estate services firm Levin Management Corporation (LMC). The restaurant committed to 2,400 square feet at the 175,500-square-foot retail property, where LMC serves as exclusive leasing and managing agent.

A Slice of Brooklyn’s operator is an experienced restauranteur who also owns Marcello's, a popular full-service Italian restaurant in nearby Bordentown. “This ownership has experienced tremendous success at Marcello’s and will bring that same standard of authentic Italian food and specialty pizza to A Slice of Brooklyn at Hamilton Plaza,” said LMC Senior Leasing Representative Sidney Singer, who arranged the lease. “It will be a great new addition at a time when good things are happening at this community shopping and dining destination.”

The January lease signing underscores a period of stepped up activity at Hamilton Plaza. Notably, LMC recently announced that Hamilton Plaza’s Hallmark store is relocating and expanding within the shopping center. Norman’s Hallmark, the largest independent Hallmark Crown chain in the United States, recently purchased the Hamilton Plaza operation; in its new location, the card and specialty retail shop will occupy 7,100 square feet.

Anchored by an 81,000-square-foot ShopRite, Hamilton Plaza has long been a premier local shopping destination and a dominant center in its marketplace. Situated at the intersection of heavily traveled Route 33 and Whitehorse-Hamilton Square Road, Hamilton Plaza’s co-tenancy also includes A.C. Moore, Petco, Dollar Tree, T-Mobile, Mattress Firm, Texas Roadhouse, Moe’s Southwest Grill, America’s Best Contacts and Eyeglasses, Hair Cuttery, and Queen Bee Nail Salon. The center serves a residential population of more than 180,000 people within a five-mile radius. More than 47,000 vehicles pass the center each day.

Space availabilities at Hamilton Plaza include two in-line units (of 2,500 and 4,400 square feet) as well as a 3,100-square-foot proposed pad site.

For nearly seven decades, 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.

Read 691 times Last modified on Friday, 17 January 2020 17:45