New York
Hudson Jeans has signed a 5-year, 2,696 s/f expansion at 231 W. 39th St., according to Adams & Co. This adds to their 4,277 s/f lease, creating a total of 6,973 s/f.
James Buslik, principal, and Jeff Buslik of Adams & Co. represented landlord and tenant in the transaction. Although the details of the transaction were not disclosed, asking rents were $35 psf. Hudson Jeans plans to use this space as showroom and office space for the sale of women’s apparel at wholesale proces.
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Springs Global recently signed a 10-year, 10,666 s/f lease at 100-104 Fifth Ave. The space will be used as the company’s New York City headquarters and showroom.
Springs Global is a Brazil-based multinational company that specializes in the manufacturing, marketing, and sale of packaged textile and non-textile home furnishings, specifically fashion bedding, bath products and utility bedding.
Asking rent for the space was $60 psf. Grant Greenspan of the Kaufman Organization represented ownership, while Gil Ohls of Jones Lang Lasalle represented the tenant. This new lease brings the building to 98 percent occupied.
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Lee & Associates NYC announces the following transactions:
• Peter Braus, managing principal, and Peter Levitan, managing director, represented the tenant, Sprinkles Cupcakes, in a 10-year, 400-sf retail lease at Brookfield Place. Landlord Brookfield Office Properties was represented in-house by Ed Hogan, national director of retail leasing, and by Kevin Dee of Charles Dunn Co.
• Henry Goldfarb, a vice chairman, and Stanley Lindenfeld, an executive managing director with Lee NYC, represented the landlord, 52/54 CSQ Realty LLC in an 8600 s/f retail lease for MUJI, a Japanese minimalist home accessories retailer. MUJI was represented by Naomi Okada of Okada & Company. MUJI will occupy 4300 s/ft on the ground floor, with a 4300 s/f selling space on the lower level.
• Brad Schwarz, a managing director with Lee NYC, represented the tenant T.G.I. Friday’s and The Reese Organization in a 15-year, 10,872-sf restaurant lease at 147-149 West 46th Street. The landlord, SBP 46th Street LLC, did not have outside representation. The restaurant is relocating from 1552 Broadway.
• Gabe Isaacs, a managing director of Lee NYC, represented the landlord, Van Alen Institute, in a 5-year, 6100-sf lease at 30 West 22nd Street. The tenant, Chasin Music, a technology and media firm, was represented by Leslie French of East Egg Realty. The transaction was signed close to the asking rent of $42.00 per sf.
• Isaacs also represented both sides of a retail lease transaction at 244 East 84th Street. Jodi’s Gym, a longtime establishment on the Upper East Side servicing families and catering to children, signed a 10-year 6289-sf lease renewal with 1615 Corp. The gym is located on the second floor of the building. Transaction terms were signed close to the asking rent of $41.00 per sf.
• Isaacs represented both sides of a retail lease transaction at 1615 Second Avenue. Popular pizza establishment Two Boots signed a 7-year, 686-sf lease renewal with 1615 Corp. Transaction terms were signed close to the asking rent of $225 per sf.
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Marvin Hartman, EVP at Pliskin Realty & Development, announced the following 10-year leases:
• 7,000 SF at 168th Place and Jamaica Avenue, Jamaica, NY for which he represented AAP and CPEX Realty represented the landlord
• 7,600 SF at 182 South Main Street, New City, NY for which he represented both sides
• 7,760 SF at 1071 Old Country Road, Riverhead, NY for which he represented AAP and Brody Realty represented the landlord
• 7,500 SF at 125 North Avenue, New Rochelle, NY in which he represented both sides
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Long Island Industrial announces the following deals negotiated by Tommy Tsiolis, director of leasing, on behalf of the landlord:
• Medical equipment supplier Double R Equipment, represented by Co-owner of Metro Realty Services Doug Donatelli, signed a lease for 5,642 square feet at 90 13th Ave in Ronkonkoma.
• Long Street Home Equity Corp. & Support Savvy, LLC, represented by Soms Realty Services President Richard Someck, inked a lease for 5,100 square feet at 6851 Jericho Turnpike in Syosset.
• 523 Commack Road in Deer Park had 9,600 square feet leased by a pool supply company Island Swimming Sales, Inc. The tenant was represented by Richard Cohen, president of Ashlind Properties.
• Construction equipment and supplies company ABC Supply Co. Inc., represented by Schaker Realty CEO Philip Schwom, signed a lease totaling 20,000 square feet in an expansion at 600 West John Street in Hicksville.
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VARTA Microbattery has signed a long term lease for 6,254 s/f at the International Corporate Center at Rye, N.Y., according to Faros Properties. VARTA Microbattery specializes in the research, development, production, sales, and marketing of battery systems for electronic devices.
Greg Frisoli and Larry Ruggieri of Newmark Grubb Knight Frank represented the landlord in the negotiations. The tenant was represented by Ian Ceppos and Al Guiterrez of CBRE.
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Chipotle Mexican Grill will join Orange Plaza in Middletown, N.Y. with a new 4,625 s/f store, according to Dovid M. Spector of National Realty & Development Corp.
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Organic grocer Natural Market Food Groups, which does business locally under the Mrs. Green’s Natural Market moniker, has signed a 11,555 s/f headquarters lease at One Bridge Street in Irvington, NY, according to CBRE. CBRE’s Timothy Donohue and Kevin Langtry arranged the lease on behalf of Natural Market Food Groups, while Bridge Street Commercial was represented in-house.
New Jersey
CBRE, New Jersey’s largest commercial real estate brokerage firm, announced today that the firm recently completed an industrial lease transaction totaling 97,453 sq. ft. at 2 Colony Road in Jersey City, N.J.
CBRE’s First Vice President, Matthew Corpuel completed the transaction on behalf of the tenant, Premier Motor Lines, Inc., while Executive Vice Presidents Bill Waxman and Mindy Lissner and First Vice President Nicholas Nitti represented the landlord, RREEF Management, LLC.
Premier Motor Lines is a third-party warehousing and logistics company that provides food grade warehousing, brokerage, and private fleet service to New York, New Jersey, New England and Eastern Pennsylvania. The business is relocating from 397 E 54th Street in Elmwood Park, N.J.
Connecticut
Two leases were signed at 1023 Main Street in Bridgeport, CT. 1023 Main Street is currently undergoing remodeling for each tenant space and offers beautiful views of Main Street and Baldwin Plaza.
The location is in the heart of Bridgeport’s downtown – next to the state courthouse and across from the Holiday Inn. A new 7,000 s/f market and deli will be opening next door called Ripka’s Market.
The leases were signed with Samson Dental which occupies a former office space on the first floor that the landlord converted into a dental office. This is Samson Dental’s third location, the other being in Hartford and Old Saybrook. Save our Youth will occupy the remaining first floor space which will be used for office. This is Save our Youth’s first Bridgeport office location and they plan on expanding in the near future.
HK Group was the sole broker for both lease deals.
