10C — April 25 - May 15, 2014 — Shopping Centers — M id A tlantic

Real Estate Journal


S hopping C enters

At Livingston Town Center in Livingston, NJ The Goldstein Group reps. Onyx Equities in eight transactions L

ivingston, NJ — The Goldstein Group announced that a combined total of over 20,000 s/f has been leased at Livingston Town Center in Livingston in eight different transactions. “Under the new ownership of Onyx Equities, Livings- ton Town Center has seen a number of improvements that have vastly increased the leasability of the project,” said Chuck Lanyard , presi- dent of The Goldstein Group. “Improvements include the addition of over 40 surface parking spaces and three

Livingston Town Center

new monument signs to the center.” Vice president Mat- thew Flath and sales associ- ate Jesse Finkelstein of The Goldstein Group represented the landlord, Onyx Equities , on the following transactions:

•Anthony’s Coal Fired Pizza has signed a lease for 3,100 s/f. •7-Eleven recently signed a lease for 2,400 s/f •Chocolate Works signed a lease for 2,000 s/f •16 Handles signed a lease for approximately 1,200 s/f. •Livingston Nail Studio signed a lease for 3,480 s/f In addition, the following three tenants have leased space at Livingston Town Center: •The Little Gym signed a lease for 4,000 s/f and is cur- rently open for business. The Little Gym operates over 300 locations worldwide and relocated this store from its former location in Livingston. •Keller Williams Suburban Realty signed a lease for 3,160 s/f and is now open. •Yamaha Mus i c Schoo l signed a lease for approxi- mately 1,000 s/f and is also already open for business. n moon. Inflation is absolutely in- evitable, and smart people are getting into real estate today.” Few investments can lever- age money like real estate. A $6 million investment could tie up a $25 million to $30 mil- lion property. In 12 years, that property could double in value. “This would be the best time to invest in commercial retail,” Mike said. “There are incred- ible ways to leverage small strip malls and/or shopping centers. Show me a safer in- vestment in the United States today and I’ll dive in head first. There isn’t one.” Savvy owners and manag- ers will also use management tools such as CPI increases and percentage rent clauses to further protect themselves from impending inflation. Sean Sablosky is the CEO and founding partner of Ar- row Real Estate Services. n continued from page 2C Bullish on comm’l. real estate and its ability to adapt

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