PBS Real Estate announced that Stuart Weitzman, global leader in designer footwear, has signed a 10-year lease agreement for 37,256 s/f at 625 Madison Avenue.
Laura Pomerantz and John Brod represented Stuart Weitzman in the transaction. Larry Swinger repped the landlord, S.L. Green Realty Corp.
The move represents an expansion and relocation of Stuart Weitzman’s corporate headquarters and showroom, previously located at 50 West 57th Street.
The new space will be located above Weitzman’s flagship retail store on the building’s third floor, which was formerly occupied by Hermes.
“We were pleased to secure such a perfect location that meets Stuart Weitzman’s long-term growth objectives, while also increasing accessibility and convenience for wholesale buyers,” said Laura Pomerantz, principal of PBS Real Estate.
“As retailers look to maintain a consistent message across all channels, it’s important to have a real estate strategy that enhances brand equity.
“Located above its flagship retail store, with prominent neighboring tenants in the building including Ralph Lauren, Bulgari and Bergdorf Goodman, Stuart Weitzman’s new space provides a strong foundation to support future growth.”