SJP Properties announced that Cushman & Wakefield has been retained to spearhead retail leasing at 11 Times Square, the 1.1 million-square-foot commercial tower located at the southeast corner of 42nd Street and Eighth Avenue.
The trophy building is currently home to Microsoft, Proskauer and several other world-class office tenants.
The Cushman & Wakefield team will focus on curating a mix of brands and concepts from the entertainment, gaming and food and beverage industries for the building’s available retail space.
11 Times Square’s retail space is one block west of where the New Year’s Eve ball drops, atop the busiest subway station in the entire MTA network.
Prospective tenants will benefit from the infrastructure already in place, including multiple kitchen exhaust systems, kitchen and cooking equipment, dedicated HVAC units, vertical transportation including multiple stairs and elevators, and direct loading dock access with dedicated freight.
The retail space also offers branding and signage opportunities, with LED signs on both 42nd Street and Eight Avenue, in addition to significant additional static and LED signage opportunities along the entirety of the retail frontage and above multiple entrances to the retail space.
The building boasts 24-foot ceiling heights on the ground floor and 18-foot ceiling heights on its lower level and second floor. A total of 47,892 square feet is available for retail tenants seeking the unprecedented customer base and exposure that Times Square affords.
The Cushman & Wakefield retail leasing team consists of Jason Greenstone, Alan Schmerzler, Michael O’Neill, Steve Soutendijk, and Sean Moran.