News: Brokerage

Townes and Nassau of Ripco Real Estate close two retail leases totaling 5,800 s/f

David Townes,
Ripco Real Estate

 

Curtis Nassau,
Ripco Real Estate

 

New City, NY Ripco Real Estate has arranged leases for two retail pad locations. Ripco served as the exclusive leasing agent in both of the transactions, totaling 5,800 s/f. Both locations featured an available drive-thru and were leased to national restaurant chains.

In Rockland County, Ripco arranged a 3,800 s/f lease for Burger King at 164 South Main St., David Townes and Curtis Nassau represented the landlord, Tap I LLC.

In Edison, N.J., coffee chain Tim Horton’s leased a 2,000 s/f in a new retail development along Rte. 27.  Townes and Nassau represented the landlord, an affiliate of Two Kings Real Estate Co.   

“These leases prove the demand in our market for high quality restaurant locations – particularly those that include a drive-thru,” said Townes.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

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
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

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
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.
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