Positioning Retail Real Estate for a New Generation

January 27, 2017

  • Posted on:  Wednesday, 01 February 2017 18:56
  • Written by 
Rate this item
(0 votes)

Sherwin-Williams Marks Grand Opening at Brunswick Shopping Center

Paint and Supplies Retailer Expands Garden State Presence at Levin-Managed Property

NORTH BRUNSWICK, N.J., Jan. 27, 2017 – Sherwin-Williams, the nation’s largest specialty retailer of paint and painting supplies, recently celebrated the grand opening of a new, 4,500-square-foot store at Brunswick Shopping Center in North Brunswick. The 288,560-square-foot property is exclusively leased and managed by Levin Management Corporation (LMC).

“We are thrilled to welcome Sherwin-Williams to Brunswick Shopping Center,” said Joseph Lowry, senior vice president of leasing and acquisitions. “Sherwin-Williams is a global home improvement retailer that is committed to delivering an exceptional experience to homeowners and painting professionals alike. The store’s presence undoubtedly will broaden Brunswick Shopping Center’s appeal to those who live and work in the community.”

For 150 years, Sherwin-Williams has been an industry leader in the development of technologically advanced paint and coatings. Sherwin-Williams is dedicated to supporting both do-it-yourselfers and painting professionals with exceptional and exclusive products; resources to make confident color selections; and expert, personalized service at its more than 4,000 neighborhood stores across North America.

Situated directly on Route 1 at the Route 130 intersection, Brunswick Shopping Center’s well-rounded tenant mix includes LA Fitness, Access Storage, Rainbow Apparel, Dollar Tree, Sally Beauty Supply, Rutgers Wine & Liquor, Community Dental, Roma Unisex Beauty Salon, Muscle Maker Grill, McDonald’s, Rita’s and Magyar Savings Bank, along with typical neighborhood conveniences such as a laundromat and bagel shop.

The center, located just minutes away from Rutgers University, serves a growing residential population of 271,000 people within a five-mile radius. The average household income is $92,000 within those same five miles, and the daily traffic count passing the property is almost 100,000 vehicles per day.

Celebrating its 65th year in 2017, LMC is 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.

Read 1426 times Last modified on Wednesday, 01 February 2017 21:35