Plant-Based Natural Wellness Retailer to Open First New York City Location at 120 Prince Street as Part of Aggressive U.S. Expansion Plan
NEW YORK —RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announces today that it has arranged a 1,100-square-foot lease for Saje Natural Wellness (Saje) at 120 Prince Street in New York City’s SoHo neighborhood. Saje specializes in 100% natural, plant-based health and wellness products and is recognized as Canada’s number one retailer in health and beauty. The company launched its first American presence in 2016 with two stores in California.
RKF Vice Chairman Ariel Schuster and Managing Director Ross Berkowitz represented Saje in the transaction. The landlord, Crown Acquisitions, was represented in-house by Brittany Bragg.
For its first New York City location, Saje chose SoHo’s bustling scene. Located between Wooster and Greene streets, 120 Prince Street is a two-story mixed use building that has a coveted 70 feet of frontage on Prince. It is ideally situated in the heart of one of Manhattan’s strongest retail market, home to many of the world’s most well-known luxury fashion and specialty retail brands. Saje will occupy 550 square feet on the ground floor and 550 square feet in the basement. Neighboring retailers include Apple, Louis Vuitton, lululemon athletica, Moncler, and Ralph Lauren, among others.
“Saje Natural Wellness is a pioneer of the multi-billion dollar health and wellness industry and wanted a location with high visibility in a luxury market to reach the wellness-conscious New Yorker and visitor,” said Schuster. “With its excellent pedestrian traffic and enviable co-tenancy to hip luxury brands nearby, Prince Street was the ideal fit for Saje to kick off their expansion in the city.”
“For the past 25 years, our mission has been to connect as many people as possible with the highest quality natural wellness products, offering new ways to combat everyday ailments and discover optimal health,” said Saje Natural Wellness co-founder and CEO, Kate Ross LeBlanc. “With over 15% of our online customer base organically coming from the US, we knew the time was right to expand our retail presence, giving our US community the best way to experience Saje products. Saje is proud to be the only premium quality, 100% natural wellness brand available direct to consumers through saje.com and experiential retail locations, and we are thrilled to connect with wellness seekers coast to coast in the US market.”
RKF will be assisting Saje as it looks to expand in New York City with several more stores, as well as in key urban markets throughout the US.
About Saje Natural Wellness:
Saje Natural Wellness connects people with the healing power of plants. Saje’s plant-derived, 100% wellness products, body care, home environment and essential oil blends are sustainably sourced from nature’s purest beneficial plants. Since 1992, Saje has passionately served people navigating common health challenges and helped them learn how to promote well-being without parabens, petrochemicals, synthetic colors, fragrances or additives. Saje was founded in Vancouver, BC by husband and wife team Jean-Pierre LeBlanc and Kate Ross LeBlanc and has grown to more than 45 experience-based locations across North America, including their newest in Malibu, California. Connect with their growing community at Saje.com, @SajeWellness and #SpreadWellness.
The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.
RKF’s New York City office is located at 521 Fifth Avenue, Floor 7, New York, NY 10175
T: 212.599.3700. www.rkf.com