Real Estate Weekly
Image default
Retail

ATCO nails salon deal at 381 PAS

ATCO Properties & Management is giving 381 Park Avenue South a fresh coat of polish.

381 Park Avenue South

M.O.C. MODE, Inc., an exclusive nail salon specializing in acrylic nail designs, has signed a 425 s/f lease comprising a portion of the 1st floor at the 17-story art deco property, located on the Southeast corner of 27th Street.

“We are pleased to welcome M.O.C. MODE, Inc. to our building, whose salon will make a strong addition to our diverse offerings in Midtown South,” said Kate Goodman, co-president of ATCO, who noted that 38,947 s/f are currently available for lease at the property.

John K. Lord of ATCO Brokerage Services represented the property owner/manager, ATCO Properties & Management, while Camille Abenanty of A.C. Lawrence Commercial Services represented the tenant in the transaction. Asking rents in the building are $55 per square foot.

The 210,000 s/f 381 Park Avenue South is located steps from Madison Square Park and several subway lines, including the N, R, Q and 6 trains. It is 98% occupied by other tenants including Stephen B. Jacobs Group, Besen Associates, and Travel Planners.

The building is also home to famed bakery and restaurant Sarabeth’s Kitchen, which opened in 2012.

(Visited 1 times, 1 visits today)

Related posts

Italian chocolate masters lease NYC basecamp for US retail expansion

REW

Swiss shoemaker to launch US expansion from 485 Madison

REW

Lee & Associates arranges lease for new Tribeca oyster bar

REW