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Levin Management

| February 11, 2017 | 0 Comments

For 65 years, Levin Management Corporation (LMC) has served as a trusted single-source commercial real estate services provider for institutional and private owners. The firm helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value; it has distinguished itself as a firm large enough to excel in assignments of any scale while continuing to employ a hands-on, proprietary approach in all of its activities. LMC today maintains a diversified, retail-focused portfolio of approximately 95 properties totaling 13 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, financial management and reporting, construction and development, lease administration, marketing services, and acquisition and disposition consulting services. The company specializes in repositioning, retenanting and renovating real estate – areas that have become particularly vital in an increasingly competitive market. LMC’s services continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants. LMC is an active member of the International Council of Shopping Centers (ICSC).

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Fact Sheet

 

FACTS 2017: Levin Management Corporation (LMC)

975 Route 22 West, North Plainfield, New Jersey 07060

www.levinmgt.com

Media Contact: Sandy Crisafulli (201) 796-7788 / sandy@caryl.com

Company Description

Celebrating its 65th anniversary in 2017, Levin Management Corporation (LMC) serves as a trusted single-source commercial real estate services provider for institutional and private owners. The firm helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value; it has distinguished itself as a firm large enough to excel in assignments of any scale while continuing to employ a hands-on, proprietary approach in all of its activities.

LMC today maintains a diversified, retail-focused portfolio of approximately 95 properties totaling 13 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, accounting, construction management and marketing. The company specializes in repositioning, retenanting and renovating commercial real estate – areas that have become particularly vital in an increasingly competitive market. LMC’s services continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants. LMC is an active member of the International Council of Shopping Centers (ICSC).

History and Background

LMC is an outgrowth of Levin Properties, a development firm founded in 1952, which created an extensive portfolio of retail properties throughout the nation (including New Jersey’s first open-air shopping center). From these roots, LMC evolved to deliver a full range of third-party services to other retail property owners beginning in the 1980s. The company experienced consistent growth and expansion into new geographic areas. Today, LMC’s clients are institutional, fiduciary and individual owners with retail properties in the northeast and mid-Atlantic regions.

LMC’s management style employs a hands-on, proactive strategy to leasing and operating properties. This proprietary approach has distinguished the firm and enabled many centers to remain market leaders for six decades.

Awards and Accolades

Over the past four years, LMC has earned a long list of coveted awards from industry and legislative organizations. This includes a number of recognitions in 2017.

  • Top Property Managers – National Real Estate Investor
  • Top Retail Managers – National Real Estate Investor
  • Top Property Managers – Commercial Property Executive
  • Top U.S. Real Estate Companies – Commercial Property Executive
  • Top Property Management Companies – NJBiz (ranked #3 in the state)
  • Top Commercial Real Estate Developers – NJBiz
  • “Best of 2015,” Best Retail Projects category for St. Georges Crossing (Woodbridge, N.J.) – Mid Atlantic Real Estate Journal
  • “Best of 2014,” Developers Top Projects category for Clifton Plaza (Clifton, N.J.) – Mid Atlantic Real Estate Journal
  • “Best of 2014,” Owners/Managers Largest Projects category for Cheltenham Mall (Cheltenham, Pa.) – Mid Atlantic Real Estate Journal
  • Clifton City Council Commercial Beautification Award – Clifton Plaza (Clifton, N.J.) – honored twice
    • For the addition of Blink Fitness
    • For the property rehabilitation and repositioning
  • N.J. State Senate resolution marking LMC’s diamond anniversary

Research

LMC’s Retail Sentiment Surveys gauge the strength of the retail industry from a street-level perspective. Levin polls the store managers of its 1,000+ retail tenants three times annually, gathering information on current sales and traffic numbers, and on performance expectations. The surveys also ask timely questions about hiring patterns, the evolving impact of ecommerce, key events and other socio-economic factors that may be influencing progress.

Leadership

William A. Farber, chief executive officer – William Farber began his career at Levin in 1970 as a staff attorney in the employ of company founder Philip J. Levin. He became Chief Operating Officer in 1985 and Chief Executive Officer in 2001. During more than four decades with the Company he served as General Counsel and directed leasing, property management and administrative functions. He has been instrumental in the development, re-development and re-positioning of dozens of now-profitable properties. Bill is a graduate of New York University School of Law, admitted to practice in New York and New Jersey. He is a licensed real estate broker in both states and a long-time ICSC member. He has completed courses in real estate investment and commercial real estate leasing at the University of Pennsylvania’s Wharton School of Business.

Matthew K. Harding, president and chief operating officer – Matthew K. Harding, CCIM, has been affiliated with LMC since 1986. He originally handled leasing of the LMC portfolio as Executive Vice President at Paul Lawrence Realty Associates for 10 years. Matt joined LMC’s in-house team in 1996 as Senior Vice President/Deputy Chief Operating Officer, overseeing leasing operations while supervising company management and administration. He assumed his current title in 2001 and, since then, has guided the strategic growth of LMC’s management and leasing portfolio. He also serves as a member of the firm’s Board of Directors. Matt earned a bachelor’s degree in Economics from Hamilton College. A Certified Commercial Investment Manager (CCIM), he maintains memberships in the ICSC and the Commercial Investment Real Estate Institute.

Robert Carson, executive vice president – Robert Carson, CSM, oversees coordination for LMC’s client properties and is instrumental in transitioning new management assignments to the LMC team. He plays a key role in the firm’s day-to-day operations, and, as an environmental issues expert, he oversees management of issues such as asbestos in older buildings and specialized tenant uses, like dry cleaning. Bob joined LMC in 1992 as Director of Property Management after serving as General Manager for retail properties owned by Hartz Mountain Industries. Prior to that, he managed an enclosed mall for the DeBartolo Corporation. Bob began his career as a buyer for Gimbels Department Stores. He received a bachelor’s degree in Economics from Indiana University of Pennsylvania and is an ICSC-Certified Shopping Center Manager (CSM).

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Website: www.levinmgt.com

Category: Levin Management

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