RKF arranged a long-term 15,584 s/f retail lease with Staples at Atlas Capital's 641 Sixth Ave. on the southwest corner of 20th St. in the Ladies' Mile district of Chelsea. The new two-level store will have 4,696 s/f on the ground floor and 10,888 s/f on the lower level. Staples plans to relocate from 699 Sixth Ave, between 22nd and 23rd Sts. by December 2012.
RKF chairman and CEO Robert Futterman, executive vice president Gary Alterman and associate Ross Berkowitz represented landlord Atlas Capital, while Staples was represented by Chase Welles, partner of SCG Retail.
"Staples has always performed exceptionally well in the market," said Alterman. "641 Sixth Ave. afforded Staples an opportunity to relocate to a very visible corner in a busier location within the Ladies' Mile submarket."
641 Sixth Ave. offers frontage and visibility. The property is within walking distance to subway lines and PATH trains located at 23rd St. and Sixth Ave.

Staples has been a fixture in the neighborhood at 699 Sixth Ave. since October 1993. Headquartered outside Boston, Staples is the world's largest office products company with 90,000 associates worldwide and operations in 26 countries throughout North and South America, Europe, Asia and Australia. The brand invented the office superstore concept in 1986 and now has annual sales of $25 billion. Staples currently operates 1,914 stores in North America. Tags: