Simone Development Announces Leasing 28,500 SF of Industrial Space at 545 Franklin Avenue, Mt. Vernon

545 Franklin Avenue Industrial Space

60,368 SF Property is Fully Leased Underscoring Enduring Demand for High-Quality Industrial Space in Mount Vernon

MOUNT VERNON, NY (May 2026) — Simone Development Companies has announced signing two leases totaling 28,500 square feet of industrial space at 545 Franklin Avenue in Mount Vernon, NY. The 60,368-square-foot industrial building is now fully leased.

“The successful leasing at 545 Franklin Avenue underscores the enduring demand for high-quality industrial space in Mount Vernon. By reaching 100% occupancy, we have once again demonstrated the value of strategically located assets in Southern Westchester, which remains a critical ‘last mile’ corridor for the New York City metropolitan area,” said Joanna Simone, President of Leasing and Property Management Operations for Simone Development Companies. She added, “The industrial market in Mount Vernon and Southern Westchester is incredibly resilient, driven by a limited supply of modern flex space and a growing need for regional distribution hubs. Our team’s deep expertise in this sector allows us to revitalize well-positioned properties and attract diverse, stable tenants.”

545 Franklin Avenue features on-site parking and outdoor lots, high clear ceiling heights, drive-in and loading docks, and is conveniently located near the Hutchinson River Parkway and I-95 and offers easy access to public transit through the Bee-Line #55.

About Simone Development Companies

Simone Development Companies is a privately owned, full-service real estate investment firm specializing in the acquisition, development, and management of healthcare, mixed-use, retail, office, industrial, and residential properties. The company’s reach extends across New York City and its suburbs including Long Island, Westchester County, Orange and Fairfield Counties and New Jersey.

Over nearly five decades, this third-generation, family-owned business has built a portfolio exceeding 7 million square feet. The organization’s vertically integrated team manages every stage of the project lifecycle, from finance and construction to leasing and property management. Simone Development Companies is set apart by this comprehensive approach, a commitment to long-term asset ownership, and a proven track record of transforming vacant and underutilized sites into vibrant developments that elevate communities.

Learn more at https://simonedevelopment.com/

2026-06-16T09:53:00-04:00May 26, 2026|

Simone Development Companies’ Retail Center at 2009-2059 Williamsbridge Road Fully Leased as Beauty Supply Store Takes Final 1,100 SF

BRONX, NY (May 18, 2026)Simone Development Companies has signed a new long-term 1,100 square-foot retail lease with Solar Beauty Supply at 2013 Williamsbridge Road, located within the company’s 20,231 square-foot retail center at 2009-2059 Williamsbridge Road in the Morris Park section of The Bronx, NY. The property is now fully leased.

Simone Development’s in-house leasing and legal teams negotiated the deal on behalf of ownership in a direct lease transaction with the beauty supply store, which will mark the tenant’s third New York City location.

2009 - 2059 Williams Bridge

“The addition of Solar Beauty Supply aligns perfectly with our vision for this location—a high-visibility, accessible hub for established local retailers and service providers,” said Joanna Simone, President of Leasing and Property Management Operations for Simone Development Companies. “With our recent improvements to the building’s exterior and the center’s prime parkway connectivity, we are confident that this will be a thriving location for their brand and a convenient stop for our visitors.”

Solar Beauty Supply joins other retailers, restaurants, healthcare and service providers at the newly renovated center including Williamsbridge Wine & Liquor, Tribeca Pediatrics, Quest Diagnostics, Beltone Hearing Care Center, A Market & Deli, Edible Arrangements, Pasta Pasta, Carvel, Jennifer Yin Nail & Spa, and Liberty Diner.

About Simone Development Companies

Simone Development Companies is a privately owned, full-service real estate investment firm specializing in the acquisition, development, and management of healthcare, mixed-use, retail, office, industrial, and residential properties. The company’s reach extends across New York City and its suburbs including Long Island, Westchester County, Orange and Fairfield Counties and New Jersey.

Over nearly five decades, this third-generation, family-owned business has built a portfolio exceeding 7 million square feet. The organization’s vertically integrated team manages every stage of the project lifecycle, from finance and construction to leasing and property management. Simone Development Companies is set apart by this comprehensive approach, a commitment to long-term asset ownership, and a proven track record of transforming vacant and underutilized sites into vibrant developments that elevate communities.

Learn more at https://simonedevelopment.com/

2026-06-16T09:52:41-04:00May 18, 2026|

Simone Development Companies Signs Long-Term Renewals Totaling 12,629 SF with Four Tenants at Metro Center Atrium in The Bronx

BRONX, NY (May 14, 2026)Simone Development Companies announces the signing of four long-term lease renewals totaling 12,629 square feet of medical office and retail space at the Metro Center Atrium at 1776 Eastchester Road within the company’s Hutchinson Metro Center campus in The Bronx, NY.

Simone Development’s in-house leasing and legal teams negotiated renewals for long-time tenants Dunkin’, Parkchester Oral & Maxillofacial Surgery Associates, Ophthalmologist Dr. Eric Wolf, MD, and Hanger Clinic. Hanger Clinic was represented by Geoff Waddell from Tenant Services Group.

Hutchinson Metro Center Atrium Building front

“The Atrium at the Hutchinson Metro Center continues to attract and retain leading medical and retail tenants from around the region, and we are extremely proud of the confidence these latest renewals reflect,” said Joe Simone, president of Simone Development Companies. “The property offers some the finest medical office and retail space available with abundant parking and amenities in a central, transit-friendly location.”

Parkchester Oral & Maxillofacial Surgery Associates practice a full scope of oral and maxillofacial procedures with expertise ranging from corrective jaw surgery to wisdom tooth removal. Dr. Moore, who runs the practice, is a board certified oral and maxillofacial surgeon with nearly 30 years of experience. The practice renewed its lease of 3,131 square feet.

Dr. Eric Wolf, MD is board certified in Ophthalmology with special expertise in corneal diseases and intraocular lens implantation, with affiliations to 15 hospitals. A repeat winner of multiple patients’ choice awards and Compassionate Doctor recognitions, the practice renewing its 2,850 square-foot lease.

Hanger Clinic is the leading provider of orthotic and prosthetic (O&P) care and products and services in the country and is part of the Hanger, Inc. ecosystem of diversified companies. Rooted in clinical research, excellence, and innovation, its board-certified clinicians provide customized solutions for all ages designed to increase the mobility and function of each person they serve. They will continue to support patients in their 4,989 square-foot space.

Dunkin’, the leading coffee and donut brand in the U.S., renewed its ground floor retail lease for 1,659 square feet. They’ve also completed a “Next Generation” store remodel with new technologies including new tap systems and modern layout and design elements meant to optimize the customer experience.

Simone Development’s Hutchinson Metro Center Atrium is a 361,857-square-foot mixed-use complex with three floors of Class A office and medical space, national and local retailers including Chipotle, LA Fitness, and A-Z Nutrition, and a 125-room Residence Inn by Marriott. The property features a remarkable glass atrium and lobby, as well as more than 1,100 onsite parking spaces as well as convenient access to major highways and public transportation options.

There is just one remaining availability at the property: 9,967 square feet on the second floor.

2026-05-21T10:14:50-04:00May 14, 2026|

Simone Development Companies Signs Long-Term Renewal with Sun River Health at 2510 Westchester Avenue in the Bronx

BRONX, NY (May XX, 2026) – Simone Development Companies announced that Sun River Health, a leading community healthcare provider, has signed a long-term lease renewal totaling 6,704 square feet at Simone Development’s medical office property at 2510 Westchester Avenue in The Bronx.

2510 Westchester Avenue, Bronx

Simone Development was represented by in-house leasing and legal teams while Sun River Health was represented by Michael A. Aievoli of JLL.
“We are pleased to extend Sun River Health’s presence at 2510 Westchester Avenue,” said Joe Simone, President of Simone Development Companies. “With this renewal, the property remains fully leased, a strong indicator of both tenant retention and continued demand for high-quality medical office space in The Bronx.”

Sun River Health provides comprehensive, community-based care across multiple locations throughout the region, offering primary care, behavioral and mental health, dental services, pediatrics, and a range of supportive programs.
The three-story, 60,000-square-foot property, located just steps from the Westchester Square #6 subway station, is fully leased to a roster of healthcare and community providers covering many specialties including primary care, obstetrics and gynecology, orthopedics and sports medicine, physical therapy and chiropractic, behavioral health, acupuncture, and more.

2026-05-21T10:14:44-04:00May 12, 2026|

Joe Simone, President of Simone Development Companies, Featured in City & State’s Who’s Who in Affordable Housing

Joe Simone

BRONX, NY (March 2026) – Joe Simone, President of Simone Development Companies, was recently featured in City & State Magazine’s inaugural Who’s Who in Affordable Housing list which showcases the government officials, developers, nonprofit leaders, advocates, attorneys, advisers and activists who are creating and preserving housing for low- or middle-income households.

“Joe Simone’s recent projects reflect a partnership-driven approach to workforce housing across the region. In New Rochelle, his development company partnered to deliver West View Apartments, a 24-story tower with 186 homes reserved for families earning at or below 60% of the area median income. Another joint venture, QWest Towers in Mount Vernon, adds over 200 rentals serving households earning between 40% and 80% of the area median income. In the Bronx, Simone is advancing a 970-unit workforce housing development that will also open over an acre of new public space along the Bronx River,” read the article in City & State.

City & State is the premier media organization dedicated to covering New York’s local and state politics and policy. Its in-depth, non-partisan coverage serves New York’s leaders every day as a trusted guide to the issues impacting New York. It offers round-the-clock coverage through award-winning commentary and analysis, weekly publications, daily e-briefs, events and podcast interviews.

About Simone Development Companies
Simone Development Companies is a privately owned, full-service real estate investment firm specializing in the acquisition, development, and management of healthcare, mixed-use, retail, office, industrial, and residential properties. The company’s reach extends across New York City and its suburbs including Long Island, Westchester County, Orange and Fairfield Counties and New Jersey.

Over nearly five decades, this third-generation, family-owned business has built a portfolio exceeding 7 million square feet. The organization’s vertically integrated team manages every stage of the project lifecycle, from finance and construction to leasing and property management. Simone Development Companies is set apart by this comprehensive approach, a commitment to long-term asset ownership, and a proven track record of transforming vacant and underutilized sites into vibrant developments that elevate communities.

Learn more at https://simonedevelopment.com/

2026-04-21T10:21:36-04:00April 21, 2026|
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