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ROYAL PROPERTIES BROKERS TWO NEW LEASES FOR
These two additional locations will give Verizon Wireless a total of four locations throughout the Bronx with plans for another two or three stores. Verizon Wireless continues to look for additional sites between 3,500 and 5,000 Sq. Ft. in the Bronx and throughout the Hudson Valley with representation by Royal Properties, Inc. 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. |
Verizon signed a lease at 2150 White Plains
Road near the corner of Pelham Parkway.
This location is steps from mass transit
which includes the Subway and Bus lines
which converge on this location. Easy
access to the site is enabled by car from the
Bronx River Parkway and Fordham Road. This 5,000 Sq. Ft. store has tremendous frontage and is
located in the heart of the retail trade area on White Plains Road. Verizon will be transforming the
store into their new evolution store concept which is at the high end of cellular phone industry. “With
over 50 feet of frontage this location will enable the store to stand out above its competitors in this
market”, states David Landes, Principal of Royal Properties, Verizon’s exclusive real estate broker in
the Bronx and throughout the Hudson Valley marketplace. Jerry Welkis from Welco Realty was the
listing broker.
Verizon Wireless has also signed a lease at 416
Westchester Avenue, Bronx, NY. Located in
the “Hub” at the intersection of Third Avenue
and Westchester Avenue, this 3,300 Sq. Ft.
location sits in the middle of the prime retail
trade area. Neighboring retailers include, Rite
Aid, Forman Mills, Jimmy Jazz, Dr. Jay’s,
Staples, Radio Shack, Modell’s and a
tremendous mix of regional and local retailers. “After an extensive search in this trade area,
Verizon was drawn to this location due to its
high traffic count and extremely high visibility from both Third Avenue and Westchester Avenue”,
states David Landes Principal of Royal Properties who handles site selection for Verizon Wireless in
this market.