Positioning Retail Real Estate for a New Generation

March 31, 2017

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JAG Physical Therapy Opens at Chatham Plaza in Chatham

State-of-the-Art Practice Expands Garden State Presence at Levin-Managed Center

CHATHAM, N.J., March 31, 2017 – JAG Physical Therapy, a comprehensive outpatient physical therapy practice, recently celebrated the grand opening of its newest Garden State location at Chatham Plaza in Chatham. The 31,500-square-foot Morris County shopping center is exclusively leased and managed by Levin Management Corporation (LMC) of North Plainfield, N.J.

“JAG Physical Therapy is a much-anticipated addition to Chatham Plaza,” noted Vanessa Fernandez, LMC’s leasing representative for the property, who arranged the 4,600-square-foot lease. “We are thrilled to bring JAG Physical Therapy’s one-of-a-kind, care-first rehabilitation model to residents of Chatham and the surrounding communities.”

Headquartered in West Orange, JAG Physical Therapy is New York and New Jersey’s leader in physical therapy for the recovery of knee, foot, ankle, hip, shoulder, elbow and back injuries. Each state-of-the-art location is able to serve patients with a variety of physical therapy needs, ranging from post-operative care and rehabilitation to fitness services.

“I couldn’t be more excited to open up JAG Physical Therapy’s 15th location in Chatham, the place that I call home”, said John Gallucci Jr., JAG Physical Therapy president and CEO. “With a beautiful building and prime location on Main Street, Levin’s Chatham Plaza was quickly recognized as the perfect fit for our facility. We look forward to providing our ‘Gold Standard’ physical therapy services to the communities of Chatham and surrounding towns.”

Chatham Plaza’s anchor tenant, CVS Pharmacy, recently renewed and expanded to 14,000 square feet at the property. The center’s tenant mix also includes a C2 Education tutoring center along with neighborhood conveniences such as Noah’s Bagels, Villa Pizza, Green Nails Salon, a dry cleaner and a taekwondo center. Located on Main Street, Chatham Plaza serves a growing residential population of nearly 150,000 people with an average household income of $186,000 within a five-mile radius. The daily traffic count on Main Street is 25,000 vehicles.

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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