News: Brokerage

Meshil of Royal Properties secures 3,785 s/f long-term lease for PulseMD Urgent Care

Mahopac, NY According to Royal Properties, Inc., PulseMD Urgent Care signed a long-term lease for 3,785 s/f at Lake Plaza, 981 Route 6.

“PulseMD Urgent Care is a great addition to the property, exemplifying the continued improvement to the tenant mix. This brings another quality tenant that will further strengthen Lake Plaza, as the premier shopping center in Mahopac,” said Scott Meshil of Royal Properties, Inc, who was the sole broker for this transaction.

Lake Plaza is a 167,739 s/f redeveloped shopping center anchored by Stop & Shop and Ocean State Job Lot. Other co-tenants include Dollar Tree (coming soon), Key Bank, NAPA (coming soon), Concept Nail, Millstone Wine & Spirits, Milk2 Ice Cream, Steakhouse & Asian Fusion Restaurant, D’Berto Pizza and more. This center provides visibility along Route 6 with traffic counts averaging 17,750 cars per day, parking for 716 vehicles, and signaled access at the entrance. Neighboring retailers include ACME, Tops Supermarket, ShopRite, CVS, Dunkin’, Domino’s, The UPS Store, AutoZone, Wallauer’s, Freight Liquidators, Rite Aid, and many more. Royal Properties is the exclusive broker for Lake Plaza.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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