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(Winter 2006)
Royal Properties, Inc. is pleased to announce that Scott Meshil has brokered two Popeyes Chicken & Biscuits deals at the Playtogs Plaza, Route 17M (Dolson Avenue), Middletown, NY and Washington Plaza, 499 East 163rd Street, Bronx, NY.
Popeyes signed a ten year lease with six five year options in Playtogs Plaza on Route 17M, Middletown, NY. They will convert a free standing 2,600 Sq. Ft. former Pizza Hut into a drive-thru Popeyes restaurant. This site has excellent visibility and boasts such neighboring retailers as Shop Rite, Redner's Supermarket, Blockbuster, Radio Shack, Fashion Bug, Just-A-Buck, IHOP, Payless Shoes, Rite Aid, and The UPS Store. This will be Popeyes first location in Orange County and their plan is to continue to expand throughout the Northeast.
Popeyes will also open a 2,500 Sq. Ft. end cap site at Washington Plaza in the Bronx, NY. This newly built center, located on 163rd Street between Third and Washington Avenues, has 200,000 people living within one mile and is blocks away from the new 900,000 Sq. Ft. Bronx Courthouse. Popeyes secured its tenth Bronx location with this ten year lease that includes four five year options. This deal adds to the growing number of retailers opening in this resurgent market such as Dunkin' Donuts, BP Amoco, Subway, and McDonald's. The landlord, Washington/163rd Street, LLC was represented by Procida Brokerage & Real Estate Services, Inc.
Royal Properties continues its search for Popeyes Chicken & Biscuits with requirements of 1,000-3,000 sq. ft. end cap, free standing, or pad site locations throughout the New York, New Jersey, and Connecticut marketplace.
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.
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