News: Brokerage

Ezra and Getz of RKF arrange 3,027 s/f lease to exhale Mind-Body Studio

RKF has arranged a 3,027 s/f lease at 19 West 21st St. for the exhale Mind-Body Studio. The ground floor space will house exhale Mind-Body Studio's 7th area location when it opens for business in May. The building at 19 West 21st St. is located between Fifth and Sixth Aves. in the Flatiron District. RKF managing director Edmond Ezra and associate Ernie Getz represented exhale Mind-Body Studio, which involved a sublease from Oberman and a lease extension from the landlord, Fifth Partners, LLC. Oberman was represented by Christopher Owles and Max Talapar of Sinvin Realty. "The Flatiron District has truly evolved into a neighborhood that's sophisticated, youthful, and athletic," said Ezra. "Other fitness-based and sportswear retailers have done extremely well here, operating alongside Whole Foods and the greenmarket at Union Sq., which are turning this entire area into a wellness district in its own right." The exhale Mind-Body Studio at 19 West 21st St. will be situated where the Flatiron District and Chelsea District meet, which is a growing office and residential market and an extremely strong retail destination, which consists of national fashion and specialty retailers along Fifth Ave. such as Anthropologie, J.Crew, Club Monaco, Kate Space, Nike, Intermix and Sephora, and larger format retailers, including Bed Bath & Beyond, The Container Store, Sports Authority, Staples, Men's Wearhouse, Trader Joe's and Marshalls along Sixth Ave. exhale currently has 20 locations in key U.S. markets and the Caribbean. In addition to the Flatiron District location, exhale also has plans to open in South Beach this coming spring, marking 22 locations.
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