Positioning Retail Real Estate for a New Generation

March 9, 2021

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Levin Management Announces Four New Tenants at Mayfair Shopping Center

Commitments Total 15,000 SF at Long Island Property

COMMACK, N.Y., Mar. 9, 2021 -- Commercial real estate services firm Levin Management Corporation (LMC)has announced four new tenant commitments totaling approximately 15,000 square feet at Mayfair Shopping Center in Commack. The flurry of leasing activity will bring three new dining tenants and a popular specialty food store to the property.

LMC serves as exclusive leasing and managing agent for the 222,000-square-foot retail destination, situated on heavily traveled Jericho Turnpike just east of the Sunken Meadow Parkway. E.J. Moawad, LMC leasing representative, negotiated the recent transactions on behalf of the property ownership.

The latest leases include Cajun Claws/JBBQ Shabu Shabu (6,500 square feet), which will combine two dining concepts from the owners of acclaimed Japanese restaurant chain Kashi. Additionally, Meet Bar & Izakaya (3,800 square feet) will serve Japanese-style tapas, skewers and ramen in a casual atmosphere. Bagel Toastery (3,300 square feet), is being launched by the partner/owners of bagel shop/deli Bagelicious Café in Port Jefferson Station. Finally, The Crushed Olive (1,300 square feet), which has four other Long Island locations, is a gourmet shop well known for its olive oils and balsamic vinegars.

“Great things are happening at Mayfair Shopping Center,” said Moawad. “These new tenants are led by well-established business operators that are experienced at picking successful locations and saw the advantages of this property. Despite a retail environment that is still challenging, these transactions underscore the fact that well-located, quality properties like Mayfair Shopping Center remain in high demand.”

The four leases follow a recent 20,000-square-foot commitment at Mayfair Shopping Center by Planet Fitness, one of the largest and fastest-growing global franchisors and operators of fitness centers in the United States.

Mayfair Shopping Center’s impressive lineup of national and regional tenants includes Big & Tall, Capital One Bank, D, Jos. A. Bank, Loft, Music & Arts, Northwell Go Health, Ore Jewelers, Original Brooklyn Pizza, Outback Steakhouse, Prato 850, Rite Aid, Sherwin Williams, The Tutoring Center, Tropical Smoothie and Verizon Wireless, among others. For more information and current promotions, visit www.shopmayfairshoppingcenter.com.

Mayfair Shopping Center serves a growing residential population of more than 200,000 people within a five-mile radius. The marketplace offers an average household income of more than $145,000, and more than 23,000 vehicles pass the center each day.

Remaining space availabilities at Mayfair Shopping Center range from 1,200 square feet up to 60,000 square feet.

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 1113 times Last modified on Thursday, 11 March 2021 23:21