News: Brokerage

Simone Development Companies signs DLP Distribution to 1,600 s/f at 66 Westchester Sq.

Bronx, NY Simone Development Companies has signed a new long-term lease with DLP Distribution for a 1,600 s/f discount appliance store at 66 Westchester Sq. The new store will be DLP’s fifth New York location.

Simone Development’s in-house leasing and legal teams represented ownership in negotiations with the tenant, which was represented by Steven Zhou from E Realty Int’l. Corp.

“DLP Distribution is a welcome addition that will add vibrancy to the Westchester Square neighborhood,” said Joanna Simone, president of leasing and property management operations at Simone Development Companies. “DLP Distribution is a perfect fit for our property’s established tenant mix including AT&T, Karibbean Krave, L’Amour Nail & Spa, and the Armed Forces Career Center. Located in one of the borough’s prime retail and transportation hubs, 63-68 Westchester Sq. is now 100% leased.”

The retail property at 63-68 Westchester Sq. is located in Westchester Sq. neighborhood, near multiple bus lines, the 6 subway line, and close to the East Tremont Ave. retail corridor, with access to the rest of the city and the tri-state area.

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