News:
Brokerage
Posted: January 21, 2020
Meshil of Royal Props. negotiates 2,500 s/f lease to Taco Bell in Vails Gate
Royal Properties, Inc.
Vails Gate, NY According to Royal Properties, Inc., Taco Bell signed a 10-year lease for 2,500 s/f in Big V Town Centre at 374 Windsor Hwy. (Rte. 32).
“Taco Bell is a perfect addition to Big V’s already strong tenant mix. With Taco Bell and newly signed Planet Fitness now on board, we look forward to bringing in more great retailers to this center,” said Scott Meshil of Royal Properties, who was the sole broker.
Big V Town Centre is a 241,720 s/f prime shopping center located on the high-volume retail corridor of Rte. 32 in Orange County, NY. This center is near the 5-corners intersection and provides 1,045 parking spaces. Taco Bell will join a newly signed Planet Fitness and other retailers including ShopRite, AT&T, Goodwill, Mattress Firm, Burger King, Miracle Ear, and Mavis Discount Tire. Neighboring retailers include Price Chopper, Hannaford, Dollar Tree, Walgreens, Verizon, Starbucks, Pet Supplies Plus, Rite Aid, and AutoZone.
Tags:
Brokerage
MORE FROM Brokerage
NYSCAR June 2026 president’s message - by Mercedes Brien
As I write this letter, we are preparing to be at the Annual Conference being held at the Rivers Casino, Schenectady, New York. I look forward to reporting on the conference in my next letter. We have some great courses coming up via Zoom. Please be sure to keep watch on upcoming courses by visiting nyscar.org/resources and tools/professional development.
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
