{"id":1004195597,"date":"2017-10-31T07:54:16","date_gmt":"2017-10-31T15:54:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004195597"},"modified":"2022-12-08T20:05:17","modified_gmt":"2022-12-09T04:05:17","slug":"lmc-to-manage-lease-nj-shopping-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/","title":{"rendered":"LMC to Manage, Lease NJ Shopping Center"},"content":{"rendered":"<p><em>By Tudor Scolca<\/em><\/p>\n<div id=\"attachment_1004195600\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004195600\" data-attachment-id=\"1004195600\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/acme-shopping-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS REBEL T5&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;946684854&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;70&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"ACME Shopping Center\" data-image-description=\"&lt;p&gt;ACME Shopping Center at 71 Taylor Ave., Manasquan N.J.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;ACME Shopping Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg?w=800\" class=\"wp-image-1004195600 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\" alt=\"ACME Shopping Center\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004195600\" class=\"wp-caption-text\">ACME Shopping Center<\/p><\/div>\n<p>Levin Properties purchased\u00a0a single-tenant retail center in Manasquan, N.J. Levin Management Corp. facilitated the due diligence process and was appointed as exclusive leasing and managing agent for the property. LMC maintains several properties across the Northeast and Mid-Atlantic, including a <a href=\"https:\/\/www.commercialsearch.com\/news\/levin-to-lease-manage-nj-retail-center\/\">community shopping center<\/a> in Toms River, N.J., for which it also received exclusive leasing and management responsibilities.<\/p>\n<p>The shopping center occupies two acres at 71 Taylor Ave.,\u00a0at the intersection with East Main Street. The 19,000-square-foot ACME supermarket is the only tenant. The adjoining street serves as a retail corridor, ensuring plenty of traffic. Within a five-mile radius, residential population is more than 130,000, with an average household income of $112,000.<\/p>\n<p>\u201c<em>The site enjoys a prominent location in the center of Manasquan, which made it an appealing long-term acquisition opportunity for Levin Properties. As leasing and managing agent, we look forward to working with ACME and ensuring an attractive, well-maintained shopping experience for area residents,<\/em>\u201d said Robert Carson, executive vice president at LMC, in a prepared statement.<\/p>\n<p><em>Image courtesy of Levin Management Corporation<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset. <\/p>\n","protected":false},"author":1284,"featured_media":1004195600,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,10,1494,21785,21749],"tags":[36583,37394],"class_list":["post-1004195597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-northeast","category-philadelphia","category-property-management","category-retail","tag-acme-supermarkets","tag-levin-management-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LMC to Manage, Lease NJ Shopping Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LMC to Manage, Lease NJ Shopping Center\" \/>\n<meta property=\"og:description\" content=\"The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-31T15:54:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:05:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/\",\"name\":\"LMC to Manage, Lease NJ Shopping Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\",\"datePublished\":\"2017-10-31T15:54:16+00:00\",\"dateModified\":\"2022-12-09T04:05:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/ACME-Shopping-Center.jpg\",\"width\":800,\"height\":620,\"caption\":\"ACME Shopping Center\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lmc-to-manage-lease-nj-shopping-center\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LMC to Manage, Lease NJ Shopping Center\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\",\"name\":\"Tudor Scolca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"caption\":\"Tudor Scolca\"},\"description\":\"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. 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