RKF Secures H&M for the Winter Organization's 111 Fifth Avenue
08/21/2005
08/21/2005
International fashion retailer finds ideal location at Class A office/retail property in the heart of Midtown’s Flatiron District
NEW YORK, NY — International fashion retailer Hennes & Mauritz (H&M) has signed a 21,000-square-foot long-term lease with The Winter Organization for its eighth Manhattan store at 111 Fifth Avenue, a Class-A office/retail property. H&M plans to open this Flatiron District location in time for the Holiday 2006 season.
“We’re delighted to welcome H&M to our property,” said Ben Winter, Principal of The Winter Organization. “The new H&M store is a perfect complement to the fashion-conscious office tenants that moved to 111-115 Fifth Avenue earlier this year, including Ford Models, Eileen Fisher, ESI Design and advertising agency Devito Verdi.”
“The Flatiron District is becoming a hot fashion corridor where leading brands converge,” said Ariel Schuster of Robert K. Futterman & Associates, who along with Robert Futterman represented The Winter Organization in the lease transaction. “111 Fifth benefits from an ideal location in a highly-trafficked neighborhood where Manhattanites, and not just tourists, gravitate for shopping. With fashion retailers such as Banana Republic, Searle, Sephora, Club Monaco, J Crew, Armani Exchange, Sisley and LF Sportswear surrounding the property and Winter’s sterling reputation as a landlord, this new location will further H&M’s stellar success in the Manhattan market.”
H&M was represented by Jedd Nero and Robert Gibson of CB Richard Ellis.
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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NEW YORK, NY — International fashion retailer Hennes & Mauritz (H&M) has signed a 21,000-square-foot long-term lease with The Winter Organization for its eighth Manhattan store at 111 Fifth Avenue, a Class-A office/retail property. H&M plans to open this Flatiron District location in time for the Holiday 2006 season.
“We’re delighted to welcome H&M to our property,” said Ben Winter, Principal of The Winter Organization. “The new H&M store is a perfect complement to the fashion-conscious office tenants that moved to 111-115 Fifth Avenue earlier this year, including Ford Models, Eileen Fisher, ESI Design and advertising agency Devito Verdi.”
“The Flatiron District is becoming a hot fashion corridor where leading brands converge,” said Ariel Schuster of Robert K. Futterman & Associates, who along with Robert Futterman represented The Winter Organization in the lease transaction. “111 Fifth benefits from an ideal location in a highly-trafficked neighborhood where Manhattanites, and not just tourists, gravitate for shopping. With fashion retailers such as Banana Republic, Searle, Sephora, Club Monaco, J Crew, Armani Exchange, Sisley and LF Sportswear surrounding the property and Winter’s sterling reputation as a landlord, this new location will further H&M’s stellar success in the Manhattan market.”
H&M was represented by Jedd Nero and Robert Gibson of CB Richard Ellis.
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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