Positioning Retail Real Estate for a New Generation

May 25, 2021

  • Posted on:  Friday, 28 May 2021 21:20
  • Written by 
Rate this item
(0 votes)

Levin Management Announces Ulta Beauty to Join St. Georges Crossing

National Beauty Retailer Commits to 10,000 SF at Woodbridge, N.J., Retail Center

WOODBRIDGE, N.J., May 25, 2021 -- Ulta Beauty, the nation’s largest beauty retailer, will join the tenant roster at St. Georges Crossing in Woodbridge, announced Levin Management Corporation (LMC), the property’s exclusive leasing and managing agent. Ulta Beauty will open a 10,000-square-foot location at the Middlesex County shopping center, well-located at the intersection of heavily traveled Route 1 & 9 and Route 35.

LMC Leasing Representative E.J. Moawad represented St. Georges Crossing in negotiating the Ulta Beauty lease; David Szabo of BKR Retail Services represented the tenant.

“We couldn’t be more pleased to add Ulta Beauty as another high-quality national tenant at St. Georges Crossing,” said Moawad, adding that Ulta will occupy the former Pier 1 Imports space at the property. “As a top retailer, Ulta Beauty is targeting exceptional sites to expand its growing footprint. St. Georges Crossing’s strong tenant mix was a key factor in attracting the retailer to the property. In turn, this terrific traffic driver complements our in-place retail mix and is sure to see great success at this location.”

Ulta Beauty is the premier destination for cosmetics, fragrance, skin care products, hair care products and salon services. In 1990, the company reinvented the beauty retail experience – bringing together all things beauty, all in one place. Today, Ulta Beauty offers complete beauty experiences online and in-store with more than 25,000 products from more than 600 well-established and emerging beauty brands across all categories and price points.

Anchored by a high-volume ShopRite, St. Georges Crossing’s high-profile retail, restaurant and service tenants also include a recently opened Popeyes Louisiana Kitchen restaurant, along with P.C. Richard & Son, T.J.Maxx, Comcast Xfinity, West Marine, Blu Alehouse, PetSmart, AutoZone, Verizon Wireless, House of Wine & Liquor, European Wax Center, Visionworks, Taco Bell and GameStop, among others. The 343,000-square-foot property serves a residential population of nearly 135,000 people within a three-mile radius. More than 81,500 vehicles per day pass St. Georges Crossing along Route 1.

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 120 properties totaling almost 16 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 820 times Last modified on Friday, 28 May 2021 21:22