Lakeview Leases: New and Renewed

David Goodman and Rob Samtmann of Equity Retail Brokers were pleased to represent the Landlord, One Liberty Properties, Inc. of Great Neck, NY, in procuring a new lease and a lease renewal at the Lakeview Shopping Centre.  The center is located on South Township Line Road and Route 422 in Royersford, Montgomery County, PA.  They are as follows:

• New Lease:  AT&T signed a five (5) year lease for 2,200 SF of inline space in the center.  Gary Leone of FAMECO represented AT&T in the transaction.  AT&T plans to open their new store this Spring.   

• Lease Renewal:  Supercuts signed a five (5) year lease renewal for their 1,100 SF store in the center.

Still available:  1,650 SF of inline space and a 2,200 SF endcap.  The Lakeview Shopping Centre is anchored by Kohl’s, Giant Food and Marshalls, and its pad tenants are KFC/Taco Bell and TD Bank.  Lakeview has great visibility, a high traffic count and provides easy access to Route 422.

Please feel free to contact either David (484-417-2219, dgoodman@equityretailbrokers.com) or Rob (484-417-2208, rsamtmann@equityretailbrokers.com) for information on this center or other retail opportunities.

About One Liberty Properties, Inc.                                                                                                                

One Liberty is a self-administered and self-managed real estate investment trust traded on the New York Stock Exchange under the symbol OLP. The primary business of One Liberty is to acquire, own and manage a geographically diversified portfolio of retail, industrial, office and other properties under long term leases. Additional information about One Liberty may be found at: http://www.1liberty.com/.