Levin Management Corp. hits nearly 570,000 sq. ft. of leases at midyear
Levin Management Corporation (LMC) is reporting strong leasing activity with 2025 more than halfway over.
The New Jersey-based commercial real estate services firm has completed 68 transactions – including new leases, renewals, extensions and license agreements – totaling nearly 570,000 sq. ft. through mid-2025. Discount retailers represented the single largest share of activity, accounting for approximately 115,000 sq. ft. while experiential and fitness operators followed with nearly 60,000 sq. ft. LMC says these two categories highlight consumer appetite for both “value-driven shopping” and “lifestyle-oriented opportunities.”
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“The open-air sector continues to outperform its retail real estate peers,” said Matthew K. Harding, CEO of LMC. “Retailers are prioritizing open-air centers in high-demand corridors that provide the visibility and convenience they need to succeed. That positions Levin-managed properties and their tenants to excel in today’s evolving retail landscape.”
Highlights from LMC’s midyear leasing activity includes:
- At the newly redeveloped Blue Star Shopping Center in Watchung, N.J., national tenants Burlington, Five Below and Taco Bell joined the mix, while long-time tenant Marshalls committed to a new store within the center. These leases represent more than 72,000 sq. ft. of new commitments. Earlier this year, the center also marked the opening of a state-of-the-art ShopRite in a newly constructed store for the long-time anchor.
- In Woodbridge, N.J., Burlington signed on at the fully-leased St. Georges Crossing, further expanding the national discount retailer’s footprint within LMC’s portfolio.
- In Commack, N.Y., Mayfair Shopping Center welcomed Gap Factory, continuing a period of leasing momentum with an emphasis on apparel.
- At Somerset Shopping Center in Bridgewater, N.J., Boot Barn introduced another nationally recognized brand to the property’s tenant roster, while Style Brow Bar brought a new personal care concept to the neighborhood.
“Following strong performance in 2024, during which our team completed more than 1 million sq. ft. in leasing activity, our midyear 2025 results put us on course for another impressive year,” said Harding. “These deals reflect how retailers are adapting to consumer priorities – value, convenience and engaging experiences – and choosing open-air centers as the ideal platform to deliver them. With robust demand across categories and a healthy pipeline of prospects, we expect leasing velocity to remain strong through year-end and beyond.”
LMC’s portfolio includes 125 retail properties in the Northeast and Mid-Atlantic regions totaling over 16 million sq. ft.
