SL Green Realty Corp. announced that Adidas has signed a 10-year lease at 115 Spring Street.
The two-level 5,218 square foot space will be the new home of the sportswear company’s Originals boutique, which will relocate from Wooster Street.
SL Green acquired the retail condominium at 115 Spring Street, between Mercer and Greene streets, in 2014. Managing Director Brett Herschenfeld commented, “We are proud to welcome Adidas to our portfolio of world-class retail tenants. We believe this lease further demonstrates the strength of the SoHo market and its versatility in attracting all segments of retailers as a result of its consistent growth in tourism and local demographics.”
RKF’s Jeremy Ezra represented the tenant in the transaction announced today. SL Green was represented by Ariel Schuster and Ross Berkowitz, also of RKF.