05/17/2012 - 08:56 AM
The Eretz Group Appoints C&W Retail Leasing Agent at 155 Fifth Ave.
New York, New York -
Cushman & Wakefield today announced it was retained as the exclusive leasing agent for 9,000 square feet of retail space at 155 Fifth Avenue, located between 21st and 22nd Streets in the Flatiron District.
The site offers 4,500 square feet on the ground floor and another 4,500 square feet on the lower level – which may also be used as selling space. The building features a brand new storefront with beautiful detailing, 45 feet of ground floor frontage, and ceiling heights of 18 feet on the main level. The site is available for occupancy in October 2012.
The retail space at 155 Fifth Avenue is being marketed by the Cushman & Wakefield brokerage team of Joanne Podell, Matthew Seigel, and Brandon Singer. The building is owned by The Eretz Group. The landlord’s in-house representative, Melissa Rose, executive vice president will also represent the landlord in transaction negotiations.
“We have seen tremendous retail activity in the Flatiron District, with many high-end retailers taking space in the neighborhood,” said Ms. Podell, a Cushman & Wakefield executive vice president. “This site is one of only a few available spaces in this much sought after area -- which features significant and steady foot-traffic along the Fifth Avenue corridor.”
Neighboring retailers in the area include Restoration Hardware, Eataly, Sephora, LOFT, Nike (coming soon), Michael Kors, H&M, Intermix, Solstice, Lucky Brand, Cole Haan, Kate Spade, and New Balance. The location is in close proximity to N, R, 6, F, and M subway lines and is just steps from Madison Square Park.
“155 Fifth Avenue is one of the Flatiron District’s most visible retail spaces and it is suited for a variety of retail uses,” said Mr. Singer, a Cushman & Wakefield director of retail services. “The fact that the lower level may be used as selling space will be a huge draw.”