Positioning Retail Real Estate for a New Generation

July 5, 2017

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Mrani Eyebrow Threading & Spa Coming to Centre Plaza in Bensalem, Pa.

Service-Oriented Tenant Leases 1,700 Square Feet at Levin-Managed Center

BENSALEM, Pa., July 5, 2017 – Mrani Eyebrow Threading & Spa is the latest tenant to join the diverse retail mix at Centre Plaza in Bensalem. The beauty-focused service provider leased 1,700 square feet at the 43,550-square-foot shopping center, according to commercial real estate services firm Levin Management Corporation (LMC) of North Plainfield, N.J., the property’s exclusive leasing and managing agent.

LMC Leasing Representative Jordan Korris arranged the long-term lease.

“Located in the largest municipality in Bucks County, Centre Plaza is ideally positioned,” said Korris. “Its convenient location within the community – proximate to several of Bensalem’s public schools – provides tremendous upside for our tenants. At the same time, specialized personal care concepts like Mrani Eyebrow Threading & Spa strengthen the property’s role in providing desirable services for the community at large.”

Centre Plaza’s retail, restaurant and service-oriented tenants include Brady’s Irish Pub, Domino’s Pizza, LabCorp, Penn Community Bank, Smoker’s Express, A&S Bagels, Salon 724, Philly It Cheesesteak and Tako Japanese Restaurant, among others. Centre Plaza serves a growing residential population of almost 270,000 people with an average household income of nearly $77,000 within a five-mile radius. Some 27,000 vehicles pass the property each day. The popular neighborhood shopping center 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 65 years, LMC has served as a trusted single-source commercial real estate services provider for institutional and private owners. 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, financial management and reporting, construction and development, lease administration, marketing services, and acquisition and disposition consulting services. 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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