Burlington Stores has opened in a big box retail space at Mill Creek at Harmon Meadow in Secaucus, New Jersey. The 306,000-square-foot power center is part of the 200-acre mixed-use Harmon Meadow development managed by Levin Management Corporation (LMC).
Burlington is leasing the retail space previously occupied by sporting goods chain Sports Authority. The national off-price retailer sells in-season, fashion-focused merchandise at up to 60% off other retailers’ prices, including women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats.
“Off-price brands are among the strongest sub-sectors in retailing today,” said LMC Vice President of Leasing Sidney Singer, who arranged the lease transaction on behalf of the property owner, an institutional client of New York Life Real Estate Investors (NYLREI). “Burlington is a quality addition to Mill Creek’s tenant lineup, which also includes Kohl’s, T.J.Maxx, and Bob’s Discount Furniture.”
Burlington, headquartered in New Jersey, is a nationally recognized off-price retailer and Fortune 500 Company. At the end of the first quarter of Fiscal 2021, the company operated 784 stores in 45 states and Puerto Rico, principally under the name Burlington Stores.
Levin Management Corporation (LMC) is a commercial real estate services provider for institutional and private owners. The company is located in Plainfield New Jersey and maintains a diversified, retail-focused portfolio of 120 properties totaling almost 16 million square feet in the Northeast and Mid-Atlantic states.
New York Life Real Estate Investors (NYLREI) is a division of NYL Investors LLC, a wholly-owned subsidiary of New York Life Insurance Company.