Retail Real Estate Veteran Michael Cohen Joins Levin Management as Vice President of Leasing

Company Continues to Grow Internal Resources and Portfolio Including More than 90 Properties and Approx. 12.5 Million SF. End Quote

New York, NY (1888PressRelease) January 11, 2012 - Michael Cohen has joined Levin Management Corporation as vice president of leasing, announced Matthew K. Harding, president and chief operating officer. He will oversee all leasing activities, provide leadership, and interact with all members of the leasing team for the company. A leading retail real estate services firm, Levin offers leasing, management and many other services to clients throughout the northeastern United States.

Cohen joins Levin Management from DLC Management Corp., where he was executive vice president and director of leasing. Known as an accomplished deal maker and manager, he directed the leasing efforts for the entire company portfolio. Cohen successfully repositioned numerous company assets during his 17 year tenure with that organization.

"Michael's experience managing a major leasing department, and the many long-term relationships he has with top retailers regionally and nationally, make him a perfect complement to our firm as we continue to grow," said Harding.

"He will be instrumental in the strategic growth of our organization," Harding added. "His experience outside of the Northeast and Mid-Atlantic regions will provide Levin with further opportunities to bring new retailers to our market areas."

Levin's portfolio includes 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.

"Having toured Levin's portfolio, I have been deeply impressed by the quality of those assets," said Cohen. "Also, the company does a great job of maintaining retailer relationships, which is very important, and in keeping with their hands-on management style.

"In addition, I have met with members of the executive and leasing teams and have been very impressed by their commitment and longevity with the company, which is an important factor in Levin's success and continued growth," Cohen said.

Headquartered in North Plainfield, N.J., Levin Management Corporation is one of the nation's oldest and largest companies of its kind. The firm has experienced consistent growth of its portfolio and internal resources over the years. Levin's diverse services have responded to a variety of retail and economic climates, contributing to its success. Services that have become particularly vital for today's institutional, fiduciary and individual retail property owners include repositioning, retenanting and renovating retail properties, and Levin's REO practice has been busy as well.

During 2011, Levin was recognized by Commercial Property Executive as one of the industry's Top Property Managers and 30th among Top US Real Estate Companies. In the last several years, the company also was named "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; Top Retail Company by the Mid Atlantic Real Estate Journal; and one of the nation's Top 10 Redevelopers by Chain Store Age two years in a row. The Levin Management Retail Tenant Survey is conducted twice a year by the company to assess trends in the industry and regional economy.

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