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Deals & Dealmakers

Fashion brand doubles Fifth Ave. footprint

Signal Brands, a fashion accessories group that manages a portfolio of globally-renowned brands, including GUESS and Nine West, has extended its lease at 320 Fifth Avenue by 10 years.

In addition, it has more than doubled its fourth floor offices from 6,748 square feet to occupy the full 11,730 s/f floor, along with a fifth floor suite consisting of approximately 2,247 s/f.

The owner, Brause Realty Inc., was represented by the building’s exclusive agents Jonata Dayan, Executive Vice President, and Jonathan Ben-Dayan, Director, HSP Real Estate Group, who also represented the tenant.

“Signal Brands has been consistently growing their presence at 320 Fifth Avenue over the past 25 years,” said Dayan. “It continues to be an ideal location for the firm, central to three transportation hubs and still in the heart of the Fashion District.”

Added Jason Rimokh, CEO of Signal Brands, “We are excited to be expanding our New York footprint at such a coveted and sought-after location. Three-twenty Fifth Avenue has been rewarding for Signal Brands and we look forward to the continued success.”

320 Fifth Avenue is an 11-story office building featurin a restored lobby with vaulted ceilings.

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