Affordable Fitness Chain Will Occupy 15,000 Square Feet at Levin-Managed Shopping Center
CLIFTON, N.J., June 12, 2014 – Getting in shape has never been easier, or more fun. Clifton Plaza in Clifton will offer an exciting new option for those looking to achieve their health and fitness goals when Blink Fitness opens later this year. The affordable fitness chain has leased 15,000 square feet of newly constructed space at the 80,000-square-foot shopping center, announced Levin Management, the property’s managing and leasing agent.
Michael Cohen, Levin’s vice-president of leasing, negotiated the long-term lease. Peter Levine of Charter Realty & Development Corp. served as tenant broker in the transaction.
As Americans become more health conscience and focus greater attention on diet and exercise, the personal fitness industry continues to thrive, said Cohen. “There’s incredible demand today for affordable, convenient gyms that cater to consumers of all ages,” he said. “Blink Fitness is the ideal amenity to complement the existing retail mix at Clifton Plaza, in addition to being a great neighborhood resource for those who live and work in the community.”
Blink Fitness is an affordable, fast and convenient fitness alternative, with 25 locations now open across the tri-state area. With memberships starting as low as $15 per month, Blink’s goal is to create healthier communities by giving everyone the opportunity to incorporate fitness into their daily routine. Blink’s clean, well-designed workout environment focuses on basic fitness elements: brand-name cardio and strength training equipment, free weights and a dedicated functional training area.
“It is always exciting to introduce the Blink Fitness brand to new communities across the region,” said Lauren Goldblatt, Blink’s senior real estate manager. “Clifton Plaza is the perfect location to expand our growing New Jersey presence. We look forward to bringing Blink’s refreshingly new approach to gyms to a whole new customer base in Passaic County.”
Award-Winning Neighborhood Center
Co-anchored by a 24,000-square-foot Big Lots and 14,000-square-foot Dollar Tree, Clifton Plaza’s exceptional lineup of national and regional tenants includes GameStop, Radio Shack, Angel Tip Nails & Spa, Bruno’s Pizza, Sally Beauty Supply and Valley National Bank. Conveniently situated on Route 46/Van Houten Avenue in a highly visible location, the center serves a growing residential population of more than 619,000 people within a five-mile radius. The marketplace offers an average household income of more than $79,800 and the daily traffic count exceeds 70,000 vehicles.
Prime retail space remains available at Clifton Plaza ranging from 1,532 to 16,000 square feet. In 2012, Levin was presented with a “Commercial Beautification Award” from the city of Clifton following an extensive renovation and repositioning project at Clifton Plaza. The award cited Levin for their service to the community in restoring the shopping center.
Levin is one of the nation’s leading retail real estate services firms, with a strong focus in the northeastern United States and an owner’s approach to the business. The firm’s portfolio and internal resources have grown consistently over the years, responding to a variety of retail and economic climates. Today, Levin offers a full range of services for a diverse portfolio that encompasses approximately 95 properties and more than 13 million square feet. These services include leasing, property management, accounting, construction management and marketing. Levin specializes in repositioning, retenanting and renovating retail properties – areas that have become particularly vital for today’s institutional and individual property owners.
With headquarters in North Plainfield, N.J., Levin serves properties ranging from neighborhood, community, lifestyle and power centers, to enclosed malls, street retail, downtown stores and mixed-use projects in New Jersey, New York, Pennsylvania, Massachusetts, Virginia and North Carolina. In business for six decades, the company taps into its associated, expansive tenant roster to conduct Retail Sentiment Surveys three times each year that provide insight on industry trends and sales performance.
Levin has earned a long list of coveted awards over the years. Since 2011 alone, the firm was ranked 30th among Top US Real Estate Companies and named three times among the nation’s top property managers by Commercial Property Executive magazine, placed among the nation’s top 10 redevelopers by Chain Store Age, credited as one of the state’s top 10 real estate developers by New Jersey Business magazine, and ranked third on NJBIZ’s Top Property Management Companies list and fifth on NJBIZ’s Top Commercial Real Estate Developers list.