Retail Component of Premier Lifestyle Community is Now Fully Leased
Levin Management is celebrating a major milestone on New Jersey’s Gold Coast. The 100,000-square-foot retail component of Edgewater Harbor, a premier mixed-use waterfront redevelopment on River Road in Edgewater, is now fully leased and open for business. Levin is the exclusive marketing and retail leasing agent for the property. We credit our ground-up development history and expertise, unique among retail leasing and management companies, with the successful conclusion of the first phase of this high-profile project.
Edgewater Harbor Redevelopment Transforms the Hudson River Shoreline
A project of National RE/sources, Edgewater Harbor sits on the 21-acre former Unilever R&D campus, providing Hudson River views and a coveted Gold Coast address. The property’s retail real estate component is comprised of ground-level retail space along the project’s Main Street, as well as free-standing pads. Phase I of the redevelopment of this lifestyle community also includes 495 high-end loft and apartment residences, a 1,900-foot river walk along the Hudson and the borough of Edgewater’s new municipal building. Phase II of the project is now under way and includes up to 7,500 square feet of restaurant space and two pad sites, which Levin will market and lease, and a hotel.
In record time, Edgewater Harbor is transforming the Hudson River shoreline into one of the area’s leading shopping and dining destinations. From a tenant’s perspective, we believe, its demographics, aesthetics, visibility and access create a perfect retail leasing scenario. As a result of this winning combination of factors, we were able to attract a diverse tenant mix that supports the mixed-use nature of the community, while establishing a retail environment where consumers from throughout the region will want to shop.
Gold Coast Address Drives Commercial Retail Leasing at Edgewater Harbor
Edgewater Harbor’s retail component serves a population of more than 2.1 million people within a five-mile radius. Some 896,000 of the households within that same radius boast an average income topping $107,000. The daily traffic count exceeds 43,000 vehicles. The property’s enviable location, equidistant from the George Washington Bridge and the Lincoln Tunnel, makes it an easily accessible destination for shoppers from both upscale New Jersey communities and the affluent environs of Manhattan’s West Side.
Anchored by a 24,000-square-foot HomeGoods, Levin’s leasing transactions to date at Edgewater Harbor include CVS/pharmacy, Haven Riverfront Restaurant & Bar, Moe’s Southwest Grill, Beach Bum Tanning, Great Clips, Floris Nails & Spa, European Wax Center, Sotheby’s Real Estate, Five Guys Burgers and Fries, Pampered Pregnancy Boutique, Edgewater Eyecare, Dunkin Donuts and Touch of Elegance.
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About Jake Frantzman:
Jake Frantzman is responsible for more than 1.6 million square feet of gross leasable area throughout Levin’s extensive management and leasing portfolio, including Somerset Shopping Center in Bridgewater, N.J., Paramus Place in Paramus, N.J. and Stafford Park Shopping Center in Manahawkin, N.J. In addition, Frantzman serves as leasing agent for the retail component of Edgewater Harbor. Frantzman obtained his real estate license at the age of 18. He is a member of the International Council of Shopping Centers (ICSC), as well as ICSC’s “Next Generation” program, designed for real estate professionals who are seeking to develop their careers and build relationships in the shopping center industry. In addition, in 2013 he earned ICSC’s Certified Leasing Specialist (CLS) designation, reflecting the high standards and expertise required to be a successful shopping center professional.
