News: Brokerage

Meshil of Royal Properties completes two leases totaling 3,629 s/f

Scott Meshil,
Royal Properties

Pleasant Valley, NY Royal Properties, Inc. has completed two retail leases: 

Milestone Square - Pleasant Valley, NY

• Hudson Family Spa, LLC signed a five-year lease with one five-year option for 1,884 s/f at Milestone Sq., a 94,500 s/f shopping center located along Rte. 44. This center has visibility at a signalized intersection, 342 parking spaces and elevator access to the second floor. Hudson Family Spa will join ACME, Citizens Bank, Family Dollar, Subway, NeighboRx Pharmacy, among others.  

“As the only grocery anchored center in town, the addition of another high quality, service-oriented tenant will further enhance the offerings here for the community,” said Scott Meshil of Royal Properties, who represented the landlord.

IZLA Restaurant at Village Shoppes,
703 Route 9 at Route 52 - Fishkill, NY

• IZLA Restaurant signed a five-year lease for 1,745 s/f at Village Shoppes, 703 Rte. 9 at Rte. 52 in Fishkill. IZLA is a family-owned and operated fast casual restaurant with one other location in Westchester County. Their dishes are cooked in a true Puerto Rican fashion. Village Shoppes is an 11,240 s/f center with 60 on-site parking spaces, access from I-84 and visibility along Rtes. 9 and 52.  Co-tenants include AT&T, Domino’s, and Riverside Bank. 

“IZLA is a great addition to the town of Fishkill and will complement the other great retailers in Village Shoppes,” said Meshil, who represented the landlord and tenant.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for