ROYAL PROPERTIES BROKERS ANOTHER DEAL AT CENTRAL PLAZA IN YONKERS, NEW YORK

Royal Properties, Inc. is pleased to announce that Five Below signed a lease for 11,944 square feet within Central Plaza at 2550 Central Park Avenue in Yonkers, NY.  Five Below will be taking the end cap space next to Party City.

Central Plaza is a 152,708 square foot shopping center located on the main shopping corridor and major north-south state highway in Westchester County, NY.  This heavily traveled center provides excellent visibility, parking for 753 vehicles and traffic counts of 50,427 cars per day along Central Park Avenue (Route 100). Five Below will join Barnes & Noble, Bank of America, Modell’s Sporting Goods, GNC, Verizon, David’s Bridal, McDonald’s, Footlocker, Carter’s, Avenue, Party City and other local and national tenants. Neighboring retailers include Best Buy, DSW, Alamo Theatre, Kohl’s, Chase, PetSmart, CVS, Burlington Coat Factory, Bob’s Discount Furniture and many more.  There is currently 2,000 – 10,153 square feet available for lease within Central Plaza.

“We are glad to be able to represent Central Plaza in bringing Five Below into their tenant mix in this strong, well established Westchester property.  This location on Central Park Avenue will enable Five Below to draw from all over Westchester County,” states David Landes, Principal of Royal Properties, Inc., who handled this assignment on behalf of ownership.  Erin Grace of Jones Lang LaSalle represented Five Below.

For additional information, please contact David Landes at 914-237-3400, Ext. 104 (David@RoyalPropertiesInc.com).  Visit our website at www.RoyalPropertiesInc.com.