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RKF Selected as Exclusive National Retail Leasing Representative for Steven Madden, Ltd.
08/15/2005


NEW YORK, NY — Robert K. Futterman & Associates, LLC (RKF), the nation’s leading independent real estate firm specializing in retail leasing and investment sales, has been selected as the exclusive national retail leasing representative for Steven Madden, Ltd. (Steve Madden). The firm’s RKF Strategic Retailer Services division will work on the retailer’s behalf to develop and execute a strategic growth plan for the continued expansion of the Steve Madden and Steven by Steve Madden branded stores, which are currently located nationwide.

Robert Draizen, Managing Director of RKF Strategic Retailer Services, will be the primary point person, responsible for sourcing and securing sites across the country.

Steve Madden currently owns and operates 91 Steve Madden stores and two Steven stores and has plans to expand the chain over the next several years. The new retail stores will range between 1,500 to 2,200 square feet and will be located in regional malls, lifestyle shopping centers, and urban street locations.

“We are extremely pleased to have been chosen as the exclusive representative for Steven Madden, Ltd.,” said Robert Futterman, Chairman & CEO of RKF. ”Our extensive research capabilities coupled with our comprehensive knowledge of both national and local retail markets will enable us to successfully support Steve Madden’s expansion plans and business objectives.”

Robert Draizen, Managing Director, and David Friedman, Vice President of RKF Strategic Retailer Services, recently negotiated renewals for Steve Madden at Beverly Center in Los Angeles, CA Cherry Creek in Denver, CO and Woodfield Shopping Center in Schaumburg, IL, and also negotiated new locations at International Plaza in Tampa, FL and Northlake Mall opening in Charlotte, NC this Fall.

“Steve Madden is an exciting retailer and the brand is in strong demand”, said Robert Draizen, RKF Managing Director. “We have already had tremendous interest from major developers throughout the United States.”

Jamieson Karson, Chairman & CEO of Steven Madden, Ltd., stated, “This is a particularly exciting time for our business given the return of Steve Madden, our founder, and our aggressive plans to enhance our brand and grow and diversify our business. We are pleased about this new partnership which will support our longstanding efforts to expand our retail store base and we look forward to a strong and rewarding partnership.”

The country's leading independent real estate firm specializing in retail leasing and investment sales, New York-based Robert K. Futterman & Associates (RKF) serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With over $1.75 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities in New York City, its suburbs and throughout the United States for leading American and international chains, retailers, developers and institutional clients.
 
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