ROYAL PROPERTIES BROKERS STOP & SHOP DEAL AT LAKE PLAZA IN MAHOPAC, NEW YORK

Royal Properties, Inc. is proud to announce that Stop & Shop Supermarket has signed a lease for a 54,000 square foot anchor location in Lake Plaza Shopping Center located at 981 Route 6 in Mahopac, NY.

Lake Plaza is a 170,000 square foot shopping center redevelopment currently anchored by an existing Kmart and the newly signed Stop & Shop. Other co-tenants include Kitch n’ Kaffe, Card$mart, and Key Bank. This center provides excellent visibility along Route 6 with traffic counts averaging 17,750 cars per day, parking for 716 vehicles and with signaled access at the entrance. Neighboring retailers include Dunkin’ Donuts, The UPS Store, Advanced Auto, TD Bank, Rite Aid, Mavis Tire, AutoZone and many more. Lake Plaza currently has 2,000 – 8,700 square feet of retail space available for lease.

“As the exclusive broker for Lake Plaza we are excited to bring such an important retailer like Stop & Shop to this shopping center located along Putnam County’s primary shopping corridor. Royal Properties has begun an aggressive leasing campaign to attract quality retailers to join Stop & Shop at this exciting redevelopment.” states Scott Meshil of Royal Properties, Inc., who was the sole broker in this transaction.

For additional information on this site, please contact Scott Meshil at Scott@RoyalPropertiesInc.com or 914-237-3403, Ext. 106.

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 or visit our website at www.RoyalPropertiesInc.com.