"The purchase represents the second retail property space Crown Acquisitions has acquired on Westchester Avenue, the other being 1593 Westchester Avenue. That building is fully leased to tenants including Duane Reade and Dunkin Donuts, and was purchased by Crown Acquisitions about five years ago. Chera feels that the lease to AT&T validates the market’s obvious growth in Soundview." [Patrick Rocchio, Yournabe.com]
It's nice to see people still investing in the Bronx, despite the overall economic meltdown.
*photo courtesy of www.yournabe.com*