ROYAL PROPERTIES EXPANDS SUBWAY INTO
ROCKLAND COUNTY, NEW YORK

(Fall 2008)

Royal Properties, Inc. is pleased to announce the signing of two Subway leases in Rockland County, New York. As the exclusive leasing agent for Subway in Rockland County, the Royal Properties leasing team of Jeff Kintzer and David Landes has secured sites for Subway in Nyack and Orangeburg, NY.

In Nyack, Subway signed a ten year lease at 125 Main Street in the heart of downtown Nyack. This 1,200 Sq. Ft. store is located in front of the municipal parking lot and adjacent to the Nyack theatre, this location is highly visible and offers a high pedestrian traffic count. Subway will be building out their Tuscan design in this location.

Subway also signed a ten year lease in the Orangetown Shopping Center, 20 Orangetown Road, Orangeburg, NY. Subway is joining CVS, U.S. Post Office, Dunkin’ Donuts, Captain Video and a variety of 15 additional retailers. This 1,200 Sq. Ft. store in The Orangetown Shopping Center offers tremendous parking and is located near the Palisades Parkway and Government offices.

“These are the first of many new Subway stores that will be opening throughout Rockland County” states David Landes of Royal Properties, Inc. “We currently have proposals out for an additional five locations and look forward to opening another 8-12 stores through 2009.” Subway looks for stores of approximately 1,000 - 2,000 Sq. Ft. in downtown areas, power centers, malls, and neighborhood shopping centers. For additional information, please contact David Landes at 914-237-3403.

Royal Properties, Inc. is a retail brokerage and consulting company specializing in the placement of retailers throughout New York, New Jersey & Connecticut. To learn more about Royal Properties, Inc. please call 914-237-3403 or visit our website at www.royalpropertiesinc.com.