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Levin Management adds six new retail clients.


Levin Management Corporation has added six new clients and more than 1.4 million s/f of space to its retail property management portfolio in the past year, marking the success of a strategic, planned expansion program, announced Matthew Harding Matthew Harding (December 26, 1953 – October 22, 1996) was a British businessman and vice-chairman of Chelsea football club. Early Years
Harding was born in Haywards Heath, West Sussex, the son of Paul Harding, an insurance executive.
, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. The company now manages 11.5 million s/f of space in the Northeast and Mid-Atlantic regions and has expanded its infrastructure and staff to accommodate continued growth.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Harding, the increase in activity, which began in early 2004, involves shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  properties held by institutional owners, as well as growth from existing developer clients and even a small, family-owned street retail portfolio in a crowded New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 neighborhood.

ING Clarion, one of the 10 largest asset management firms This is a list of corporations that provide financial asset management.
  • Abernathy Group
  • ABN AMRO Asset Management
  • Acadian Asset Management
  • AllianceBernstein
  • Ameriprise Financial, Inc.
 in America, awarded Levin the management assignment for Riverhead riv·er·head  
n.
The source of a river.
 Centre, a 395,000 s/f power center in Riverhead, N.Y. Levin now manages more than one million s/f on Long Island alone.

In addition, SSR (Scalable Sampling Rate) See AAC.

SSR - Scalable Sampling Rate
 Realty Advisors, now part of BlackRock Realty Advisors, awarded Levin the leasing and management assignment for Aviation Plaza, a 509,000 s/f power center on U.S. 1 and 9 in Linden, N.J. The advisory firm also awarded Levin the management and leasing of Wall Towne Center, a grocery-anchored 91,000 s/f property in Wall township, N.J.

A third new client, The Gale Company, named Levin to manage retail leasing for Princeton Forrestal Village. Levin is working to reposition the 125,000 s/f retail component of this high-profile, mixed-use property, which is located on U.S. 1 in New Jersey's prestigious Princeton market.

Lifestyle center pioneer Stanbery Development awarded Levin its third assignment, this time for The Shoppes at Susquehanna Marketplace, with 109,872 s/f of GLA, in Harrisburg, Penn.

Levin also took on the management and leasing of a portfolio of street retail properties in Brooklyn, N.Y., totaling 39,394 s/f.

Most recently, Legg Mason appointed Levin to manage and lease the 137,000 s/f Oak Park Commons in South Plainfield, N.J.

"Earning the business of new clients is key to growth in any industry, and we are thrilled to add these prestigious organizations to our client base," said Harding. "At the same time, earning repeat business from our existing, valued clients is extremely gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 because it reflects their satisfaction with our team."

With some 80 shopping centers and approximately 900 tenants in its portfolio, Levin is the largest privately held retail property manager in New Jersey and one of the largest firms of its kind nationwide. The recent and continuing growth is the result of careful, strategic planning, according to Harding.

"We have significantly enhanced our organization with additional staff and resources and have upgraded our operating systems to accommodate ongoing business development activity," he said. "Our goal is to maintain the quality and depth of the services that Levin customers have come to expect, even as we continue to grow."
COPYRIGHT 2005 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 6, 2005
Words:495
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