Royal Properties, Inc. is pleased to announce that Rick Stassa has brokered a long-term lease for Rainbow at 2155 White Plains Road in Bronx, NY.   

Rainbow offers a wide selection of women’s, juniors, plus size, and children’s clothing, as well as shoes and accessories. Rainbow is relocating three stores to the north of their current location at 2147 White Plains Road to what was the former Strawberry Clothing store at 2155 White Plains Road.  They downsized their store slightly and significantly reduced the rent in the move.  Plans for the store grand opening should take place this summer.

This new site provides excellent frontage and has over 9,000 cars per day long White Plains Road and 30,000 cars per day along Pelham Parkway South.  This site is situated within walking distance from the 2 & 5 subway station, which has approximately 1.763 million riders annually.  Neighboring retailers include TD Bank, Sprint, Capital One Bank, Petland Discounts, Burger King and many more.    Rick Stassa represented both the Landlord and the Tenant in this transaction.  This is Rick Stassa’s fourth deal with Rainbow in the New York Metropolitan area and he continues to search for new locations throughout the tri-state area.  Rainbow is seeking stores ranging from 5,000 – 10,000 square feet in prime Community and Super Regional Strip Centers, Regional Malls and Central Business Districts with strong anchors such as Walmart and Target.

For more information, please contact Rick Stassa at 914-237-3400, Ext. 107 or Rick@RoyalPropertiesInc.com.