Levin Inks Lease With Muscle Maker Grill in North Brunswick, N.J
Healthy, Fast-Casual Eatery to Open at Brunswick Shopping Center this Summer.
- New York, NY (1888PressRelease) February 05, 2011 - Retail real estate services firm Levin Management Corporation has signed Muscle Maker Grill as the newest tenant at Brunswick Shopping Center in North Brunswick. The healthy, fast-casual concept will open a 2,795-square-foot restaurant there in summer 2011.
Levin Management Corporation serves as exclusive leasing and managing agent for the 306,847-square-foot retail property. It is anchored by both a supermarket and fitness-club, and is strategically located on US Route 1 near the intersection of Route 130. Jake Frantzman represented Levin in negotiating the lease for Brunswick Shopping Center; Danielle Brunelli of R.J. Brunelli & Co. represented Muscle Maker Grill.
Muscle Maker Grill features freshly prepared, quality food. Its health-conscious menu featuring chicken, seafood, pasta, wraps, entrée salads, and smoothies in a variety of flavors. Muscle Maker Grill offers a wide selection of protein supplements and protein snacks, along with a nutritious children's menu. The rapidly growing chain has locations in New Jersey, New York, California and Florida.
The restaurant joins a diverse roster of tenants at Brunswick Shopping Center, including anchors A&P and LA Fitness. Other shops and services include Rainbow Apparel, McDonald's, Bagel Bazaar II, GNC, Sally Beauty, Radio Shack, Dollar Tree and Hair Cuttery, among others.
"Muscle Maker Grill's popularity reflects a growing focus on healthy eating as well as continued demand for fast service among today's consumers. It's a wonderful addition to the tenant mix at Brunswick Shopping Center, and will broaden the property's appeal to younger shoppers," noted Matthew K. Harding, Levin's president and chief operating officer. "In fact, Muscle Maker Grill's menu offers just the kind of foods that people who exercise - such as the members of LA Fitness - seek out."
Brunswick Shopping Center's Route 1 location boasts a daily traffic count of more than 112,000 vehicles. Strong - and strengthening - regional demographics further enhance its appeal. Some 253,606 residents live within a five-mile radius of the property. Median Household Income within five miles grew 20.9 percent between 2000 and 2010. Average Household Income rose 32.9 percent between 2000 and 2010, and should add another 7.6% percent by 2015. 51.7% of households earn in excess of $75,000 annually (in 2000, 37.6% of households earned $75,000 or more).
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.
The firm has earned a number of achievements in the past 24 months including "Firm of the Year" by the Institute of Real Estate Management (IREM), New Jersey Chapter No. 1; one of America's five fastest-growing real estate managers by Chain Store Age; and Top Retail Company by the Mid Atlantic Real Estate Journal. In November 2010, the firm was named as one of the nation's Top 10 Redevelopers by Chain Store Age and in January, was ranked 30th among Top US Real Estate Companies by Commercial Property Executive magazine.
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