Positioning Retail Real Estate for a New Generation

October 29, 2014

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October 29, 2014

Blink Fitness to Open at Clifton Plaza in Clifton, N.J.

Affordable Fitness Chain Will Occupy 15,000 Square Feet of Newly Constructed Space at Levin-Managed Shopping Center

CLIFTON, N.J., Oct. 29, 2014 – Blink Fitness is set to open its newest New Jersey location at Clifton Plaza in Clifton. The affordable fitness chain will occupy 15,000 square feet of newly constructed retail space at the 80,000-square-foot shopping center, announced Levin Management, the property’s managing and leasing agent.

“Ever since our first gym opened in 2011, our mission at Blink has been about putting mood above muscle,” said Todd Magazine, Blink’s General Manager. “We strive to provide people with a place to feel good while they work out. Opening our 36th location at Clifton Plaza in partnership with Levin allows us to extend that opportunity to the local community and that makes us feel great about what we do.”  

Levin Management negotiated the long-term lease. Peter Levine of Charter Realty & Development Corp. served as tenant broker in the transaction.

“Low-cost fitness chains are expanding rapidly across the country, underscoring the demand among consumers for affordable gym alternatives,” said David Reiner, Levin’s vice-president of leasing. “Blink Fitness is revolutionizing the way people exercise by offering a fast, convenient and cost-effective workout environment. We’re excited to bring this wonderful amenity to Clifton Plaza.”

Blink’s membership office is now open at Clifton Plaza. The public is invited to visit and learn more about Blink’s affordable membership options Monday through Friday from 9 a.m. to 8 p.m., and Saturday and Sunday from 9 a.m. to 5 p.m. For more information, call (973) 855-3254.

A grand opening celebration is scheduled for November 2014. With more than 35 locations now open across the tri-state area and 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 gyms are clean and modern with top-of-the-line cardiovascular and strength-training machines, easy-to-use workout menus and a friendly, welcoming staff.

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. Dunkin’ Donuts also is scheduled to open in the coming weeks at Clifton Plaza.

Conveniently located on Route 46/Van Houten Avenue, Clifton Plaza 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 73,000 vehicles.

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 NJBIZs Top Property Management Companies list and seventh on NJBIZs Top Commercial Real Estate Developers list.   

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