News: Shopping Centers

Gibson and Berke of JLL lease 6,400 s/f to Burton Snowboards

69 Greene Street, SoHo -  Manhattan, NY 69 Greene Street, SoHo -
Manhattan, NY

Manhattan, NY JLL has relocated Burton Snowboards to 69 Greene St. in SoHo. The snowboard, outerwear and accessories retailer and manufacturer signed a lease for 6,400 s/f of retail space within the cast iron building.

The tenant, Burton Snowboards, was represented by Robert Gibson, vice chairman of New York retail brokerage, and Davie Berke, vice president, of JLL. The building owner was represented by Christopher Owles, principal, and Sarah Shannon, senior director, with Sinvin Real Estate.

“Greene St. is an ideal location for Burton as it will be surrounded by other youthful active lifestyle brands such as Patagonia and Diesel Black Gold,” said Gibson. “Burton wanted to remain within the vibrant atmosphere of SoHo and thought the space and street offered a true  SoHo feel.”

“We’re very pleased that Burton has elected to continue its successful SoHo operation at 69 Greene St.,” said Owles. “It’s yet another example of the importance many brands put on having a store in New York’s most iconic shopping destination.”

Robert Gibson, JLL Robert Gibson, JLL

Burton Snowboards signed a lease for 6,400 s/f and will occupy 3,000 s/f on the ground floor along with 3,400 s/f of lower-level space at 69 Greene St., which is located between Spring and Broome in the SoHo district, one of New York’s signature shopping destinations. The snowboard manufacturer and retailer is relocating to the building from its current store at 106 Spring St.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,000 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2014, the New York tri-state team completed approximately 22.8 million s/f of lease transactions, arranged investment sales transactions valued at more than $5.4 billion, managed projects valued at $7.6 billion, and oversaw a property management, facilities management and agency leasing portfolio exceeding 163 million s/f.

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