ROYAL PROPERTIES NAMED EXCLUSIVE BROKER FOR TRIANGLE EQUITIES BRONX DEVELOPMENT IN CO-OP CITY

Royal Properties, Inc. is pleased to announce that they have been retained to exclusively lease a new development within Triangle Plaza, 755 Co-op City Boulevard, Bronx, New York.

Triangle Plaza is a 75,000 gross square foot shopping center featuring the College of New Rochelle and Municipal Credit Union.   This center is adjacent to Peartree Square Shopping Plaza which includes Stop & Shop, Advance Auto Parts, National Wholesale Liquidators, Capital One Bank, Rite Aid, Chase Bank and more.  This retail/office development is a proposed 4,000 – 12,000 square foot 3-level building located at the entrance of Triangle Plaza.  Seeing an underserved commercial real estate market, the owners hired Royal Properties to market this proposed building.  Rick Stassa and Karnit Mosberg will handle this assignment on behalf of Royal Properties, Inc.

“This is an excellent opportunity for a medical group, restaurant or retailer to be in the largest cooperative housing market in the world,” states Rick Stassa or Royal Properties, Inc.  Co-op City is at the intersection of Interstate 95 and the Hutchinson River Parkway.  This area enjoys a dense population and solid middle-class income.

For additional information, please contact Rick Stassa at 914-237-3400, Ext. 107 (Rick@RoyalPropertiesInc.com) or Karnit Mosberg at 914-237-3400, Ext. 110 (Karnit@RoyalPropertiesInc.com).

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 914-237-3400 or visit our website at www.royalpropertiesinc.com.