Positioning Retail Real Estate for a New Generation

April 7, 2017

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Wireless Provider Joins Retail Offerings at Post Road Plaza in Pelham Manor, N.Y.

2,000-Square-Foot Lease Expands Tenant Roster at Levin-Managed Center

VILLAGE OF PELHAM MANOR, N.Y., April 7, 2017 – Wireless Lifestyle LLC has leased 2,000 square feet and will open a Sprint store at Post Road Plaza in the Village of Pelham Manor, becoming the latest tenant to join the diverse lineup of retailers at this key Westchester County shopping destination. The announcement was made by Levin Management Corporation (LMC), exclusive leasing and managing agent for the 268,000-square-foot center.

LMC's leasing representative Jordan Korris negotiated the long-term lease. Scott Meshil of Royal Properties represented the tenant. The Sprint retailer will offer a range of wireless communication products and services, according to Korris. “We continue to enhance Post Road Plaza’s tenant mix with services and stores that reinforce its competitive market position,” he said. “Wireless retail represents a new category for Post Road Plaza, and we are confident this tenant will provide an outstanding resource for both consumers and businesses in the community.”

Anchored by a 75,000-square-foot Fairway Market, Post Road Plaza features a diverse lineup of tenants including Dave & Busters, HomeGoods, Modell’s, Dress Barn, GNC, Lane Bryant, Hallmark, Citibank, Marshalls Shoes, Visionworks, Panera Bread, Sally Beauty Supply and Smashburger. For more information and current promotions, visit www.shoppostroadplaza.com.

Located at the junction of U.S. 1, Pelham Parkway and the Hutchinson River Parkway, Post Road Plaza serves a growing residential population of more than 1.15 million people within five miles of the property. The one-mile trade area offers an average household income of $86,000. Additionally, more than 81,000 vehicles pass Post Road Plaza per day on the Hutchinson River Parkway/Boston Post Road.

One 5,630-square-foot unit remains available at the shopping center.

For 65 years, LMC has been a trusted single-source commercial real estate services provider for institutional and private owners. The firm helps its clients evaluate options, operate properties and create case-specific solutions to protect and improve asset value. LMC today maintains a diversified, retail-focused portfolio of approximately 95 properties totaling 13 million square feet in the Northeast and Mid-Atlantic states, offering leasing, property management, accounting, construction management and marketing. LMC’s services continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.

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