Sandwich Chain to Occupy 1,800 SF at Levin-Managed Shopping Center
UNION, N.J., July 14, 2015 – Fast-casual sandwich franchise Jersey Mike’s Subs has leased 1,800 square feet at Galloping Hill Center, becoming the latest eatery to join the diverse dining component at this popular Union County retail destination. North Plainfield, N.J.-based Levin Management is exclusive leasing and managing agent for the 68,000-square-foot shopping center.
Levin’s leasing representative Marcia Minton negotiated the long-term lease. Gary Krauss of Winick Realty Group NJ served as the tenant’s broker in the transaction.
“Galloping Hill Center continues to be an attractive destination for retailers, restaurants and shoppers alike,” said Minton. “The center’s strong daytime population and exceptional visibility were added advantages to this tenant. Jersey Mike’s has been aggressively expanding throughout New Jersey and across the country. Its high-quality, affordable menu options are a great fit for Galloping Hill Center and the local community.”
Started at the Jersey Shore in 1956, Jersey Mike’s has about 1,500 restaurants open and under development nationwide. The company was named the No. 1 fastest-growing chain in the Nation’s Restaurant News 2014 Top 100 and continues to win best sub awards in virtually every market it enters.
Located on heavily traveled Galloping Hill Road adjacent to Merck & Co.’s corporate headquarters, Galloping Hill Center serves a growing residential population of more than 570,000 people within a five-mile radius and a daytime population of 233,000 people within those same five miles. The marketplace offers an average household income of nearly $91,000 within one mile of the property, which boasts a daily traffic count exceeding 43,000 vehicles. Anchored by Seabra’s Supermarket, the center’s lineup of local and national tenants includes Memory Lane Hallmark, Weight Watchers, Manhattan Bagel, Walter Bauman Jewelers, Health Best Café and Koki Japanese Buffet along with typical neighborhood conveniences such as a dry cleaner and nail salon.
Three retail spaces, ranging in size from 3,000 to 7,600 square feet, remain available at Galloping Hill Center.
In business for more than six decades, Levin is one of the nation's leading retail real estate services firms. The company has consistently grown its portfolio and internal resources, responding to a variety of retail and economic climates. The firm’s services today 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. 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.