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Brokerage
Posted: July 12, 2022
Aritzia adds flagship location in Manhattan
New York, NY Newmark Retail has completed a flagship retail lease on behalf of the Canadian fashion retailer, Aritzia. Newmark vice chairman Ariel Schuster and associate director Jason Wecker represented Aritzia in the transaction.
The lease is in Midtown at 608 5th Ave. along the southwest corner of West 49th St. The space spans just over 33,000 s/f across three levels with over 200 feet of wraparound frontage and was formerly home to Topshop. Ownership, Omnispective, was represented by CBRE vice chairman Andrew Goldberg and senior vice president Jared Lack.
"The signing of this deal for Aritzia signifies both their continued commitment to physical retail as well as the strength and importance of Manhattan and the US to the continued success and growth of the brand," said Schuster. "We believe this additional location will be an integral part of the retail streetscape, as was the case with Aritzia's additional Soho location at 560 Broadway signed in 2020."
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