WALGREENS TO OPEN TWO NEW WESTCHESTER COUNTY LOCATIONS

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YONKERS AND SCARSDALE, N.Y. — Walgreens has signed agreements for two new locations in Westchester County, New York. In the first agreement, Walgreens signed a more than 25-year lease for the former Foodtown property located on South Broadway in Yonkers. In the second transaction, Walgreens signed another lease in excess of 25 years for the former Montparnasse Restaurant location at 870 Central Park Ave. in Scarsdale. Construction will begin at both locations soon, with store openings planned for mid-2010. John Williams of Yonkers-based NAI Friedland Realty was the sole broker in both transactions. The landlord in the Yonkers deal was McLean-Jomo Realty, and the landlord for the Scarsdale deal was 870 CPA Realty.

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