ROYAL PROPERTIES NAMED EXCLUSIVE BROKER FOR TWO SHOPPING CENTERS IN SCARSDALE, NEW YORK

Royal Properties, Inc. is pleased to announce that they have been retained to exclusively lease two shopping centers totaling 47,000 square feet on Central Park Avenue in Scarsdale, NY.

Archway Plaza is located at 365 Central Park Avenue in Scarsdale, NY. This 35,000 square foot shopping center is under new ownership. Join co-tenants such as California Pizza Kitchen, Club Pilates, Massage Envy, Kids in Sports, Painting with A Twist and more. There is currently 3,000 & 3,700 square feet available for lease.

The Scarsdale Center is located at 694-708 Central Park Avenue in Scarsdale, NY. This 12,000 square foot shopping center is also under new ownership and has plans for a full renovation this year. There is currently 1,100 – 3,600 square feet available for lease.

The centers are within a mile of each other, surrounded by neighboring retailers such as 24 Hour Fitness, Staples, Walgreens, FedEx, Ethan Allen, The Tile Shop, Blinds-To-Go, Bassett Home Furnishing, Mattress Firm and many more. Located in the hottest retail zone in Westchester County, Central Park Avenue provides tremendous visibility and traffic counts of over 25,000 cars per day.

“We are excited about the leasing prospects and the opportunity to market two properties along such a prominent retail corridor in Scarsdale. With such high traffic counts and accessibility, we will be able to draw many different types of retailers who will benefit from this tremendous location.” states David Landes of Royal Properties, Inc. who along with Karnit Mosberg will handle both assignments.

For additional information, please contact Karnit Mosberg, Ext. 110 (Karnit@RoyalPropertiesInc.com) or David Landes, Ext. 104 (David@RoyalPropertiesInc.com) at 914-237-3400. Visit our website at www.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.