AT&T Wireless Signs Lease At Somerville Circle Shopping Center

The 3,000-Square-Foot Transaction by Levin Management Brings the Well-located Property to 100% Occupancy. End Quote

Newark, NJ (1888PressRelease) July 24, 2010 - AT&T Wireless has signed a lease for 3,000 square feet at Somerville Circle Shopping Center, in Raritan, NJ, announced Levin Management Corporation, retail leasing and managing agent for the recently renovated 157,000-square-foot property. With the signing, the shopping center is now 100% leased.

"Somerville Circle Shopping Center has been a retail mainstay in its market for many years," said Ethan Goldsmith, leasing representative, Levin Management. "This new tenant, offering cutting edge consumer technology, will certainly help it retain that position."

AT&T Wireless, represented in the transaction by Jason Pierson of CB Richard Ellis, joins a tenant roster anchored by Staples, P.C. Richard, Petco and Toys 'R' Us. The center's strong mix of tenants also includes Panera Bread, Mandee, Five Below, PNC Bank, Harmon Discount, and Burger King.

Located directly on the Somerville Circle where Routes 202 and 28 intersect, near I-287 and I-78, the shopping center has a daily traffic count of more than 50,000 vehicles. The growing five-mile population is nearly 107,000 with a median household income of $90,850 and an average household income of $123,256.

Levin currently maintains a growing portfolio of more than 90 diverse retail properties totaling 12.5 million square feet. Properties range from downtown stores to lifestyle centers, and from neighborhood and community centers to power centers in New Jersey, New York, Pennsylvania, Virginia, North Carolina and Florida. Levin offers a full range of services for its clients, including leasing, property management, accounting, construction management, marketing and risk management.

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