14B — November 23 - December 6, 2012 — Shopping Centers — Mid Atlantic Real Estate Journal
www.marejournal.com
P EOPLE & C OMPANY N EWS
Also signing a 9,000 s/f lease with Dollar Tree Stop & Shop officially opens at Azarian’s Hyde Park Mall
New addition, Medvin to Pierson Commercial As sales representative to the firm
ents throughout Central and Northern New Jersey. Prior to joining Pierson Commercial, Medvin managed a multi- million dollar portfolio as a securities trader at Visionary Trading. He holds a bachelor’s degree from the University of Maryland at College Park. Pierson Commercial is a market leading commercial retail real estate service pro- vider and brokerage firm representing Fortune 500 re- tailers, institutional property holders, in addition to private and public institutional real estate companies for their requirements throughout New Jersey. ■ Brokers license. Other edu- cational studies accomplished include property manage- ment, investment and leasing as well as the GRI (Graduate, Realtor Institute) designa- tion. Jim’s past experiences in- clude the position as a com- mercial leasing and prop- erty manager. From there he became a partner, and the broker of record of a real es- tate firm involved in the bro- kerage and management of residential and commercial/ industrial real estate. Most recently Jim has been involved in brokerage and leasing of retail properties throughout Pennsylvania and Ohio. ■ worked as a leasing agent with the Cordish Company, where her primary focus was the At- lantic City Outlets. “Tracey’s specialized knowl- edge of the Mid-Atlantic mar- ket and relationships with national brands make her a perfect fit for our team,” said Tom Fitzpatrick , president of Greenberg Gibbons. “She will be a great asset in bringing the highest quality retailers to our projects.” Founded in 1968, Greenberg Gibbons is one of the Baltimore- Washington region’s premier developers of mixed-use, town center and retail properties. The company’s portfolio in- cludes more than four million s/f of existing and new devel- opment. Its award-winning revitalization projects include Hunt Valley Towne Centre and Annapolis Towne Centre. ■
MORGANVILLE , NJ – Pierson Commercial announces the addition of
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most technologically advanced store in their entire chain. The store meets all LEED certification standards with features such as LED light- ing, skylight tubes that allow for natural light eliminating the need to excess fixtures, occupancy sensors, low flow fixtures and much more. Also, the store offers its customers the convenience of the new Hyde Park Coffee Lounge with free Wi-Fi, Scan It! check out and Deli and Go services and more. The Hyde Park Mall is a one-story shopping center of 130,000 s/f anchored by the new 55,000 s/f Stop and Shop and a gasoline fueling facility in the parking lot of Through its six decades, the Levin organization has expe- rienced consistent growth and expansion into new facets of the business. Today, the firm’s clients include institutional, fiduciary and individual owners, and assets in its portfolio range from neigh- borhood, community, lifestyle and power centers, to enclosed malls, downtown stores and mixed-use projects. The company taps into the associated, expansive ten- ant roster to conduct a biannual Retail Sentiment Survey that pro- vides insight on industry trends and sales performance. “The changes this industry has seen during our tenure are incred- ible,” noted William Farber , Levin’s chief executive officer and board chairman. “Consider the generations of tenants and how their requirements, and the prop- erty types and technologies that support them have developed. Levin has been around since be- fore the first enclosed mall opened in the United States and prior to the advent of the retail bar-code scanner. We have witnessed the emergence of the ‘category killer’ and the resilience of mom and pop operations. And today we are watching the advancement of ecommerce and its impact on the bricks-and-mortar landscape.” Levin’s impressive progress has been spearheaded by seasoned executives with long-time com- pany affiliations. The late Jan- ice Levin assumed leadership following her husband’s death in 1971. William Farber, who joined Levin in 1970, was named chief operating officer in 1985 and chief executive officer in 2001. That Six Decades of Growth and Change
the property. Additional work included a new parking lot, new landscaping, new light poles and new storefront fa- cades throughout the Mall. The Azarian Group has also signed a lease for 9,000 s/f with Dollar Tree and is in the process of implementing ad- ditional renovation plans to the junior anchor space of the shopping center. Retail spaces available for lease range from 800 s/f to 26,460 s/f of additional junior anchor space. The Mall runs along Route 9 in the historic town of Hyde Park adjacent to President Franklin Delano Roosevelt’s home andmuseum and the Culinary Institute of America. ■ same year Matthew K. Hard- ing , who has been affiliated with the company since 1986, became its president and chief operating officer. Levin’s management style employs a hands-on, proactive strategy to leasing and manag- ing properties. This proprietary approach distinguishes the firm and enables many of its centers to remain market leaders for four and five decades. “I have had the privilege of witnessing Levin Management’s steady expansion during my 26 years here,” noted Harding. “Commercial real estate is cycli- cal, and with six decades of histo- ry Levin certainly has weathered the industry’s ups and downs. Yet through it all we have persevered, adapting to the changes and continually working to support our clients with a level of service that helps keep their properties ahead of the competition. Simply put, it is an honor to be part of this extraordinary organization.” Levin has earned a long list of coveted awards over the years. During the past 18 months alone, the firm was ranked 30th among the Top US Real Estate Com- panies and named among the nation’s top property managers by Commercial Property Execu- tive magazine, placed among the nation’s top 10 redevelopers by Chain Store Age for the second year in a row, and credited as one of the state’s top 10 real estate developers by New Jersey Busi- ness magazine. An active member of the International Council of Shopping Centers (ICSC) and the Institute of Real Estate Management (IREM) , Levin is an IREMAccreditedManagement Organization. ■
YDE PARK, NY — John M. Azarian of T heAzarianGroup,
Gregg Med- vin as sales representa- tive to the firm. Med- vin brings a professional and client fo- cused skill- set to Pierson
L . L .C an - nounces that The Stop and Shop Super- market Com- pany, L.L.C. has officially opened i ts brand new supermarket in the Hyde
Gregg Medvin
John M. Azarian
Commercial and will concen- trate on the marketing and leasing of shopping centers, representation of retailers, and disposition or acquisi- tion of retail properties on behalf of the company’s cli-
Park Mall, Route 9, Hyde Park. The Azarian Group has also completed its renovation and redevelopment of the re- maining satellite retail space of the shopping center. The new Stop and Shop supermarket now offers the NORTH PLAINFIELD, NJ — The New Jersey State Sen- ate recently recognized Levin Management with a resolution marking the North Plainfield- based company’s diamond an- niversary. Levin is one of the nation’s leading retail real estate services firms, with a strong focus in the northeastern United States and an owner’s approach to the business. Its 60 years of success is, indeed, an impressive milestone in an industry where staying power has truly been put to the test. Levin Management is an out- growth of Levin Properties , a development firm founded by the late Philip J. Levin in 1952, which created an extensive port- folio of retail properties (including New Jersey’s first open-air shop- ping center). From these roots, the company evolved to deliver a full range of third-party services – in- cluding leasing, property manage- ment, accounting, construction management, and marketing – to other retail property owners. Today, Levin’s management and leasing portfolio includes more than 95 diverse retail properties totaling more than 12.5 million s/f in New Jersey, New York, Pennsylvania, Virginia, North Carolina and Florida. “The strength and success of the State of New Jersey … depend in great measure upon innovative organizations such as Levin Management,” reads the resolution signed by Senate President StephenM. Sweeney . “This House hereby congratulates LevinManagement…and extends best wishes for its continued success and vigor in the years ahead.”
Pointer joins LMS Commercial Real Estate of Lancaster, PA
State of New Jersey honors Levin Management for 60 years in business; a diamond anniversary
LANCASTER, PA—James F. Pointer recently joined the team of LMS Commer- c i a l Rea l Estate . Jim, a na-
tive of Lan- caster, PA, g r adua t ed from Ship- p e n s b u r g University wi th a BS in Business
James F. Pointer
Administration, majoring in Marketing, when in De- cember of 1986 he became a licensed realtor. In 1991, he began to focus primarily on commercial/ industrial and investment real estate and by 1992 he had earned his
Greenberg Gibbons adds Holehan as vice president, leasing
OWINGS MILLS, MD — Greenberg Gibbons an- nounced that it has named
TraceyHole- han as a vice p r e s i d e n t , l e a s i n g . Holehan will help oversee the leasing activities for G r e e n b e r g Gibbons’ port-
Tracey Holehan
folio of retail and mixed-use properties, such as Hunt Valley Towne Centre, Annapolis Towne Centre, Waugh Chapel Towne Centre and Towne Centre at Laurel. Before joining Greenberg Gib- bons, Holehan held various roles at CBRE , most recently serving as senior associate and team leader for CBRE Baltimore’s Tenant Representation Ser- vices Group . Prior to that, she
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