Positioning Retail Real Estate for a New Generation

August 16, 2018

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Team Sports Zone Coming to Centre Plaza in Bensalem, Pa.

Levin Arranges 1,700 SF Lease with Local Sporting Goods Retailer

BENSALEM, Pa., Aug. 16, 2018 – Team Sports Zone is the latest retailer to join the tenant lineup at Centre Plaza. The family-owned and operated custom apparel and sporting goods store leased 1,700 square feet at the popular neighborhood shopping center, for which commercial real estate services firm Levin Management Corporation (LMC) serves as exclusive leasing and managing agent.

Team Sports Zone is relocating to Centre Plaza from another Bensalem location, according to LMC Leasing Representative Jordan Korris, who arranged the lease. “Team Sports Zone has been serving the community for more than 30 years and is well known within the local marketplace,” he said. “We are pleased to accommodate its evolving needs at Centre Plaza. The property’s convenient location – proximate to several of Bensalem’s public schools – was a tremendous upside for this tenant.”

Team Sports Zone is a preferred source for team athletic uniforms and spirit wear – catering to sports leagues, schools, athletic associations and local businesses. The store provides custom embroidery, screen printing and heat seal/transfer services. It carries all major brands of sporting goods equipment and uniforms.

Centre Plaza’s retail, restaurant and service-oriented tenants also include Brady’s Irish Pub, Domino’s Pizza, LabCorp, Penn Community Bank, A&S Bagels, Salon 724, M. Rani Eyebrow Threading & Spa, Philly It Cheesesteak and Tako Japanese Restaurant, among others. The 43,550-square-foot property serves a residential population of nearly 265,000 people within a five-mile radius. The shopping center also is proximate to Parx Casino, the largest casino gaming complex in Pennsylvania.

Remaining space availabilities at Centre Plaza range from 1,100 to 3,400 square feet and can be combined for up to 6,800 square feet.

For more than 65 years, North Plainfield, N.J.-based LMC has served as a trusted single-source commercial real estate services provider for institutional and private owners. The firm today maintains a diversified, retail-focused portfolio of approximately 105 properties totaling 15 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, financial management and reporting, construction and development, lease administration, marketing services, and acquisition and disposition consulting services. LMC’s capabilities continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.

Read 146 times Last modified on Wednesday, 22 August 2018 15:36