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Besides the IKEA stores on each property, Toys R Us is a co-anchor in Elizabeth, while Bed Bath & Beyond, Christmas Tree Shops and Sports Authority are the co-anchor tenants in Paramus.
"We chose Levin for these properties based on their strong track record of managing for third-party retail owners," said David Garonzik, IKEA Asset Manager. "We are a very high-profile client with land developed for a very unique use, and we believe Levin's standards are an excellent match with our own."
Matthew Harding, Levin's president and chief operating officer, said of the twin assignments: "We are very pleased to have been entrusted with these high quality properties by this excellent company...
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Common topics in this essay:
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