Levin Management Corporation (LMC) serves as a trusted commercial real estate services provider for institutional and private owners. The company helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value. Through its nearly 70-year history, LMC 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 every facet of its business. LMC today maintains a diversified portfolio of approximately 110 properties totaling nearly 15.5 million square feet in the Northeast and Mid-Atlantic states. Well known as a single-source expert for leasing and managing retail properties, LMC applies the same comprehensive management skills across all property types – including office and industrial – offering leasing, property management, financial management and reporting, construction management and development, lease administration, marketing services, and acquisition and disposition consulting services. The company specializes in repositioning, retenanting and renovating commercial real estate – areas that have become particularly vital in an increasingly competitive market. LMC’s capabilities 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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FACTS 2020: Levin Management Corporation (LMC)
975 Route 22 West, North Plainfield, New Jersey 07060
Media Contact: Sandy Crisafulli (201) 796-7788 / sandy@caryl.com
Company Description
Levin Management Corporation (LMC) serves as a trusted single-source commercial real estate services provider for institutional and private owners. The company helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value; through its nearly 70-year history, LMC 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 every facet of its business
LMC today maintains a diversified portfolio of approximately 110 properties totaling nearly 15.5 million square feet in the Northeast and Mid-Atlantic states. Well known for its expertise in leasing and managing retail properties, LMC applies the same comprehensive skills across all property types, including office and industrial. The firm offers leasing, property management, financial management and reporting, construction management and development, lease administration, marketing services, and acquisition and disposition consulting services.
The company specializes in repositioning, retenanting and renovating commercial real estate – areas that have become particularly vital in an increasingly competitive market. LMC’s capabilities 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, office and industrial properties.
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 decades.
Awards and Accolades
Over the past several years, LMC has earned a long list of coveted awards from industry and legislative organizations.
- Top Property Managers – National Real Estate Investor
- Top Retail Managers – National Real Estate Investor
- Top Property Managers – Commercial Property Executive
- Business of the Year finalist – NJBiz
- Top Property Management Companies – NJBiz
- Top Commercial Real Estate Developers – NJBiz
- “Best of 2019,” Best Retail Project (Twin City Shopping Center – Jersey City, NJ) – Mid-Atlantic Real Estate Journal
- “Best of 2019,” Best Retail Lease (Burlington Stores, 46,000 SF – Somerville Circle Shopping Center – Raritan, NJ) – Mid Atlantic Real Estate Journal
- “Best of 2018,” Most Unique Industrial Lease (R&J Warehouse, 103,350 SF – Rutgers Industrial Center – Piscataway, NJ) – Mid Atlantic Real Estate Journal
- “Best of 2018,” Best Retail Lease (Dunham’s Sports, 43,000 SF – Fairlane Village Mall – Pottsville, Pa.) – Mid Atlantic Real Estate Journal
- “Best of 2017,” Largest Industrial Lease (Armouth International, Inc., 110,000 SF – Rutgers Industrial Center – Piscataway, NJ)
- “Best of 2015,” Best Retail Project (St. Georges Crossing – Woodbridge, NJ) – Mid Atlantic Real Estate Journal
- Clifton City Council Commercial Beautification Award for the addition of Blink Fitness – Clifton Plaza (Clifton, NJ) – honored twice
Research
LMC has established itself as a retail and retail real estate industry thought leader. Its Retail Sentiment Surveys gauge the strength of the retail industry from a street-level perspective. The firm polls the store managers of its 1,100+ 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, evolving technologies, key events and other socio-economic factors that may be influencing progress.
Leadership
William A. Farber, Chairman – 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, Chief Executive Officer in 2001 and assumed the title of Chairman in 2019. 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, Chief Executive Officer – Matthew K. Harding, CCIM, has been affiliated with Levin Management since 1986. He originally handled leasing of the LMC portfolio as Executive Vice President at Paul Lawrence Realty Associates for 10 years. Matt joined the firm’s in-house team in 1996 as Senior Vice President/Deputy Chief Operating Officer, overseeing leasing operations while supervising company management and administration. He was named President/COO in 2001, assumed his current title in 2019, and continues to guide LMC’s strategic growth and operations. He also is a director of Provident Financial Services Inc. and Provident Bank, and serves on the board of trustees for Gill St. Bernard’s School. A Certified Commercial Investment Manager (CCIM), he maintains memberships in the ICSC and the Commercial Investment Real Estate Institute. Matt earned a bachelor’s degree in Economics from Hamilton College.
Robert Carson, President – Robert Carson, CSM, oversees coordination for Levin Management’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, including dry cleaning. Bob joined LMC in 1992 as Director of Property Management and was named Executive Vice President in 2006. He previously served 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