ROYAL PROPERTIES BROKERS TWO DEALS IN POUGHKEEPSIE, NEW YORK
(Spring 2011)

Royal Properties, Inc. is pleased to announce the signing of two deals in Poughkeepsie, NY.

Uncle Louie G’s has signed a five year lease with two five-year options for 1,275 square feet at 264 North Road in Poughkeepsie, NY. With over 30 locations in eight states, Uncle Louie G’s is a specialty Ice Cream and Italian Ice Concept opening up throughout the East coast. “Uncle Louie G’s was drawn to this particular shopping center due to the heavy foot traffic and close proximity to Marist College, St. Francis Hospital and Poughkeepsie’s central business district. We are pleased to add a valuable retail service to this center” says Jason Daniels, Leasing Specialist for Royal Properties, Inc., who handled this transaction.

Nail Tek has signed a ten year lease for 1,150 square feet at The Shoppes at South Hills, Route 9 in Poughkeepsie, NY. “Nail Tek was drawn to the shopping center due to the national tenant roster as well as its tenure of remaining a prime retail destination in the area. We are pleased to add a valuable retail service to this center” says Scott Meshil, Vice President of Royal Properties, Inc. who assisted Jason Daniels of Royal Properties in this transaction. The Shoppes at South Hills is one of the central shopping centers along the Route 9 corridor with tenants such as Shop Rite, K-Mart, Christmas Tree Shops, Burlington Coat Factory, Hobby Lobby, Bob’s Furniture Store, Chuck E. Cheese and more.

Royal Properties, Inc. represented the Tenant and Landlord in both of these transactions. For additional information, please contact Scott Meshil at 914-237-3403, Ext. 106 (Scott@royalpropertiesinc.com) or Jason Daniels at 914-237-3403, Ext. 113 (Jason@royalpropertiesinc.com).

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.