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Levin begins renovation at Spruce Office Center in NJ.


Construction is underway on a major renovation at 1001 Spruce Office Center, a two-story, 130,000 square-foot facility located on Spruce Street near Princeton Avenue in Ewing, NJ.

The building is part of a mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses.  which includes the Capitol Plaza 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 . Levin Management Corporation is handling the project as managing agent and construction manager for the building, which is owned by Levin Properties. Stephen M. Segal, Inc. of Lawrenceville, NJ, serves as exclusive leasing agent.

Slated for completion this summer, the renovation includes a new facade, a two-story arched entryway and brick accents, and new perimeter windows throughout the space. Inside, Levin Management is creating a totally new lobby, with first-class finishes and new elevators. The firm is replacing and upgrading the HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  and electrical systems as well, to meet today's requirements.

Exterior improvements include new landscaping and signage, the creation of a recreational area with walking paths and picnic tables, and the resurfacing and striping Interleaving or multiplexing data to increase speed. See disk striping.

striping - data striping
 of the parking lot.

"1001 Spruce Office Center offers one of the largest available blocks of contiguous office space in the tight Mercer County Mercer County is the name of several counties in the United States:
  • Mercer County, Illinois
  • Mercer County, Kentucky
  • Mercer County, Missouri
  • Mercer County, New Jersey
  • Mercer County, North Dakota
  • Mercer County, Ohio
  • Mercer County, Pennsylvania
 market," noted Segal. "The high demand for quality space and the property's outstanding location make it one of the region's most attractive opportunities, especially in light of its highly competitive rental rates.'

The firm is offering below-market rentals for leases signed during the construction phase.

Located at the junction of Lawrenceville and Ewing, 1001 Spruce Office Center provides ready access to U.S. Routes 1 and 206, 1-95 and 1-295. A New Jersey Transit The New Jersey Transit Corporation (NJ Transit) is a statewide public transportation system serving the state of New Jersey, and Orange and Rockland counties in New York. It operates bus, light rail, and commuter rail services throughout the state, notably connecting to major  Route 603 bus line services the development.

"The renovation will further position the property as an exceptional place to do business in the desirable Mercer County market," added William Farber, Levin Management Corporation's COO. "We will divide and finish the space to suit tenant needs exactly."

With 45 years of experience serving owners and tenants, Levin Management Corporation of North Plainfield, NJ, provides the full range of services associated with real estate management. This includes tenant construction coordination as well as property leasing, marketing, risk management, and legal and accounting services. The company manages 61 projects totaling nearly 7.1 million square feet of office and retail facilities. Included among them are the Paramount Building in Manhattan's Times square, as well as retail facilities ranging from neighborhood strip centers to power centers of more than 400,000 square feet in New Jersey, 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
, Pennsylvania, Virginia and North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
.
COPYRIGHT 1998 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Levin Management Corp.; New Jersey
Publication:Real Estate Weekly
Date:Aug 5, 1998
Words:405
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