8-28-20

6A — August 28 - September 10, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal

www.marej.com

R etail D evelopment R eimagined

Clifford Simon of CNS Real Estate serves as tenant broker in NJ retail transaction Singer of Levin Management arranges lease on behalf of NYLREI Mill Creek at Harmon Meadow S

the transaction for NYLREI on behalf of its client. Clifford Simon of CNS Real Estate served as tenant broker. Burl- ington will take over the big box retail space formerly occupied by sporting goods chain Sports Authority. “Backfilling an anchor va- cancy – particularly in today’s challenging climate – is big news,” Singer said. “And se- curing such a strong national brand bodes very well for the future of this property. Burling- ton is a quality addition to Mill Creek’s tenant lineup, which also includes Kohl’s, T.J. Maxx,

and Bob’s Discount Furniture.” The shopping center sits four miles from Manhattan at the crossroads of the NJ Turnpike and Route 3. The Mill Creek transaction underscores LMC’s strong re- lationships with prominent na- tional brands, and represents its second lease signing with Burlington Stores. Last fall, the firm announced the retailer’s commitment at Somerville Cir- cle Shopping Center in Raritan. “We are pleased to represent another client in a lease trans- action with Burlington,” added Singer. “Even before the pan- demic, off-price brands were positioned among the strongest sub-sectors in retailing. Now, many consumers have become even more cost-conscious. This niche is well positioned to maintain its ‘edge’ – with Bur- lington’s activity illustrating this new reality.” MAREJ

ECAUCUS, NJ — Levin Management Corpo- ration (LMC) has an- nounced a lease with national off-price retailer Burlington Stores at Mill Creek at Har- mon Meadow in Secaucus. The commercial real estate services firm served as leasing agent for the property owner, an institutional client of New York Life Real Estate Inves- tors (NYLREI). The 306,000 s/f power center is part of the 200-acre mixed-use Harmon Meadow development.

RE_ad_version1.qxp 11/2/2005 11:54 AM Page 1 LMC vice president of leas- ing Sidney Singer arranged

Burlington Stores at Mill Creek at Harmon Meadow

Vantage RES facilitates new retail lease in Sicklerville, NJ

Seeking Retail Opportunities Consistently Ranked #1 Franchise - 50+ Y ear T rack Record

SICKLERVILLE , NJ — Vantage Real Estate Services (Vantage RES) announced a retail lease at Liberty Town Center, 412 Sicklerville Rd., Sicklerville. The brokerage assisted Ivory Edwards, shop owner & de- signer, with locating a space for her specialty bakery and pastry bistro, Dessert Soiree. Liberty Town Center is a popu- lar location for resturaunteurs as it is situated within a high residential population and is located within minutes from the Atlantic City Expressway and Routes 322 and 42. Nick Liggio , sales associ- ate, and Corinne Giletto , senior advisor at Vantage RES, worked closely with Edwards, and also with Mat- thewGuzzo , owner of Liberty Town Center, to facilitate a smooth transaction for the bakery’s location. “Nick and Corinne were very attentive throughout the entire process. This is the first retail lease signed during the CO- VID-19 pandemic in my cen- ters. The bakery will be a great compliment to the existing businesses and retail tenants, especially the restaurants. We look forward to signing a lease in our last available medical/of- fice space in the center,” Guzzo said. MAREJ

Looking for sites in PA & S. NJ End Cap, In-line, Free Standing Flexible Space Requirements

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Eastern PA — Local Contacts: Philadelphia PA & Southern NJ —

610-366-8120 x 24, Cheryl Green green_c@sdepa.com 410-752-6760, Evan Brodie evan@sandhumanagement.com

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