ROYAL PROPERTIES BROKERS FOUR DEALS IN NEW YORK AND NEW JERSEY
(Spring 2011)

Royal Properties, Inc. is pleased to announce the signing of four deals:

Tappan Plaza, 3–37 Route 303 in Tappan, NY: V&S Quickmart, a convenience, variety and lottery store, signed a ten year lease with two five-year options for 3,250 square feet. Scott Meshil and David Landes of Royal Properties, Inc. represented both the Tenant and the Landlord. Royal Properties is marketing Tappan Plaza, a 47,000 square feet center. Area retailers include Shop Rite, A&P, Lowe’s, CVS, Starbucks, Chase Bank, Panera Bread, Just-A-Buck, Dunkin’ Donuts, and Sleepy’s. There is currenlty 1,710 – 4,300 square feet available.

Stateline Plaza, 78-88 Route 303, Tappan, NY: Oak Tree Printing signed a five year lease with a five-year option for 1,200 square feet. Beautix, selling laser hair removal services and accessories, signed a five year lease with a five year option for 420 square feet. Scott Meshil and David Landes of Royal Properties represented both the landlord and the tenant in these transactions. Royal Properties, Inc. is marketing Stateline Plaza which is directly across from Tappan Plaza. There is currenlty 800 – 2,600 square feet available

Perth Amboy Shopping Center 587 Fayette Street, Perth Amboy, NJ: Scott Meshil of Royal Properties negotiated a five year lease for 1,000 square feet with with a five year option for Roy Associates, LLC, a check cashing company. This center co-tenants include Dunkin’ Donuts, Baskin Robbins, Kennedy Fried Chicken, J&A Dry Cleaners and Dollar Power. “With a population over 110,000 within three miles, this centrally located site will provide the key attributes necessary for success.” says Scott Meshil, Sr. Vice President of Royal Properties, Inc. Scott Meshil of Royal Properties, Inc. represented both the tenant and the landlord, Dharam Bhakti Realty, LLC, in this transaction.

For additional information, please contact Scott Meshil at 914-237-3403, Ext. 106.

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