Meshil and Kemm of Royal Properties lease 4,400 s/f
Royal Properties, Inc. has signed two new leases totaling 4,400 s/f in Fairgrounds Plaza at 360 Rte. 211 East.
JD Sports Bar has signed a 10-year lease with a five-year option for 2,400 s/f. Liberty Mutual Insurance Co. has signed a five-year lease with a five-year option for 2,000 s/f.
Scott Meshil and Jeanine Kemm of Royal Properties represented the landlord and the tenants on both deals.
Fairgrounds Plaza is a 200,000 s/f shopping center that has a mix of national and local tenants such as Rent-A-Center, Subway, Colandrea Pizza King, Jumpin' Jakes, Studio Ayo Fitness, Mid-Hudson Valley Federal Credit Union, Superland Children's Entertainment Center, Prime Scuba and many more.
"Both tenants chose Fairgrounds Plaza because of its' ideal location on Rte. 211 in the heart of Middletown's best retail corridor. The strong mix of tenants keep the center busy morning through the evening hours," said Kemm.
Royal Properties, Inc. is a retail brokerage and consulting company specializing in the placement of retailers throughout New York, New Jersey & Connecticut. To learn more about Royal Properties, Inc., please call 914-237-3403 or visit our website at www.RoyalPropertiesInc.com.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of