Positioning Retail Real Estate for a New Generation

January 20, 2017

  • Posted on:  Monday, 23 January 2017 22:53
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Jersey Mike’s Subs Now Open at Somerville Circle Shopping Center

Sub Chain Enters Bridgewater Market at Levin-Managed Center

RARITAN, N.J., Jan. 20, 2017 – Fast-casual sandwich franchise Jersey Mike's Subs, known for its fresh sliced/fresh grilled subs, is now open for business at Somerville Circle Shopping Center in Raritan. The 150,000-square-foot, fully leased shopping center is exclusively leased and managed by Levin Management Corp. (LMC) of North Plainfield, N.J.

“We are thrilled to welcome Jersey Mike’s Subs to Somerville Circle Shopping Center,” said Vanessa Fernandez, Levin’s leasing representative for the center. “Patrons to this newest Jersey Mike’s restaurant can expect the same high-quality, affordable menu options and exceptional customer service for which the brand is known. We are confident this new location will be embraced by our shoppers as well as the local community.”

Started in 1956, Jersey Mike’s now has approximately 1,500 restaurants open and under development nationwide. In 2016, for the third year in a row, the company was named the No. 1 fastest-growing chain in the Nation’s Restaurant News Top 100, and continues to win best sub awards in virtually every market it enters.

Located at 300 Route 202, at the intersection of Routes 202/206 and Route 28, Somerville Circle Shopping Center is anchored by Toys “R” Us/Babies “R” Us, Staples, Petco and P. C. Richard & Son. Other national and regional tenants include Carter’s, Panera Bread, Burger King, Five Below and Harmon Discount. The center serves a growing residential population of more than 112,700 people within a five-mile radius. The marketplace has an average household income above $115,000 per year, and the daily traffic count on Route 202/206 exceeds 86,000 vehicles per day.

For 65 years, LMC has been a trusted single-source commercial real estate services provider for institutional and private owners. The firm helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value. LMC today maintains a diversified, retail-focused portfolio of approximately 95 properties totaling 13 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, accounting, construction management and marketing. LMC’s services continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.

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