Levin Arranges 3,190 SF Lease at Somerset County Shopping Center
BEDMINSTER, N.J., Mar. 8, 2016 – Orangetheory Fitness, a national fitness franchise known for its cardiovascular and strength training classes, will open a new, 3,190-square-foot studio at The Hills Village Center in Bedminster. North Plainfield, N.J.-based Levin Management negotiated the long-term lease on behalf of the property’s ownership.
“Orangetheory Fitness is rapidly expanding in key markets across the United States, and The Hills Village Center’s exceptional demographics and accessible location were a tremendous upside for this franchise owner,” said Marcia Minton, the Levin leasing representative who headed the transaction. “We are excited to bring Orangetheory Fitness’ fun and unique workout concept to those who live and work in Bedminster and the surrounding communities.”Jeffrey Realty served as tenant representative in the transaction.
Orangetheory Fitness is a group personal-training workout broken into intervals of cardiovascular and strength training. Backed by the science of excess post-exercise oxygen consumption, Orangetheory's heart-rate-monitored training is designed to maintain a target zone that stimulates metabolism and increases energy. Participants use a variety of equipment including treadmills, rowing machines, TRX suspension training and free weights.
Located on Route 206 just off Route 287, the 110,000-square-foot Hills Village Center is one of Somerset County’s premier retail destinations. Anchored by a 36,000-square-foot Kings Supermarket, the property’s retail, dining and service tenants include CVS/pharmacy, Starbucks, Peapack-Gladstone Bank, McGrath’s Hardware, 18/8 Fine Men’s Salon, Liberty Travel, Brighter Dental, Great Clips, Hand & Stone Massage and Facial Spa, Cold Stone Creamery and others.
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.