Ezra, Schuster and Berkowitz of RKF arrange 5,218 s/f lease to Adidas at SL Green's 115 Spring Street
According to SL Green Realty Corp., Adidas has signed a 10-year lease at 115 Spring St. The two-level 5,218 s/f space will be the new home of the sportswear company's Originals boutique.
SL Green acquired the retail condominium at 115 Spring St., between Mercer and Greene Sts., in 2014.
SL Green managing director Brett Herschenfeld said, "We are proud to welcome Adidas to our portfolio of world-class retail tenants. We believe this lease further demonstrates the strength of the SoHo market and its versatility in attracting all segments of retailers as a result of its consistent growth in tourism and local demographics."
RKF's Jeremy Ezra represented the tenant. SL Green was represented by Ariel Schuster and Ross Berkowitz, also of RKF.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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