Positioning Retail Real Estate for a New Generation

November 3, 2020

  • Posted on:  Friday, 06 November 2020 20:25
  • Written by 
Rate this item
(0 votes)

Joe’s Bagel & Grill Coming to Wall Towne Center in Wall, N.J.

Growing Chain Brings New Dining Option to Grocery-Anchored Retail Property

WALL, N.J., Nov. 3, 2020 – Joe's Bagel & Grill is coming to Wall Towne Center in Manasquan, announced Levin Management Corporation (LMC), exclusive leasing and managing agent for the 100,000-square-foot, grocery-anchored retail property. LMC Leasing Representative Kendal Hand-Freda arranged the 1,900-square-foot commitment; Todd Katz of RE/MAX Synergy served as tenant broker in the transaction.

“Joe’s Bagel & Grill is a high-performing chain that has been interested in Wall Towne Center for quite some time,” said Hand-Freda. “We are thrilled to accommodate its space needs while bringing a new dining element to the property. This popular brand already has a strong local following, and its presence will strengthen Wall Towne Center’s position as the community’s central single-stop shopping destination – one known for its quality, complementary tenant mix.”

With eight locations throughout Monmouth and Ocean counties, Joe’s Bagel & Grill is known for its high-quality, hand-rolled boiled bagels. Its menu includes breakfast and lunch sandwiches, muffins, burgers and cheesesteak, pancakes, waffles, French toast, omelets, and more along with a selection of coffees and smoothies. The restaurants also offer catering services for any occasion.

“Wall Towne Center’s location and in-place retailers make it an ideal fit for us, and we are looking forward to serving new and existing customers from this location,” said Russell Grabow, owner. “Patrons love our large, hand-rolled bagels and the fact that we really offer a modern take on the ‘traditional’ bagel shop. And, with so many great food options from which to choose, our varied menu makes Joe’s Bagel & Grill more than just a great breakfast destination.”

Located on Route 34, Wall Towne Center is anchored by a 71,000-square-foot ShopRite supermarket. The property also includes Pet Valu, Ocean First Bank, Cherry Blow Dry Bar, Great Clips, AT&T Wireless and Wine King. Wall Towne Center serves a residential population of 130,000 people within a five-mile radius. More than 34,000 vehicles pass the property each day.

One, 1,600-square-foot space availability remains at Wall Towne Center.

For nearly seven decades, 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 110 properties totaling almost 15.5 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, financial management and reporting, construction management 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 1487 times Last modified on Friday, 06 November 2020 20:27