News: Shopping Centers

Levin Management to lease and manage Rockland Center plaza

American Continental Properties LLC has awarded Levin Management Corp. its second retail leasing and management assignment in as many months, according to Matthew Harding, Levin's president and COO. The latest involves Rockland Center, a 264,793 s/f, grocery-anchored community shopping center on Rte. 59. The property sits just one block from Rte. 304, which, along with Rte. 59, connects to the nearby NY State Thruway. Currently, Levin is marketing the only two available units at Rockland Center of 1,740 and 7,573 s/f. A lease is currently being negotiated with a national tenant for an 11,000 s/f vacancy. The American Continental Properties assignments reflect continued growth for Levin, a leading retail real estate services firm and one of the nation's five fastest-growing third-party retail property management organizations, according to Chain Store Age. Headquartered in North Plainfield, N.J., the 56-year-old company services privately owned corporations as well as institutional and individual private owners. Levin currently maintains a portfolio of over 80 retail properties totaling more than 12 million square feet in New Jersey, New York, Pennsylvania, Virginia and North Carolina. The firm offers the fullest possible range of in-house services, including leasing, property management, marketing, construction management, risk management and accounting and financial reporting.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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