News: Brokerage

Lieberman of Resolution RE Partners arranges two leases totaling 5,050 s/f; Dylan of Inceptum assists

Manhattan, NY Evan Lieberman, senior director/leasing, at Resolution Real Estate Partners LLC, a member of NAI Global, has arranged two leases totaling 5,050 s/f. Working with Lieberman on both deals was Michael Dylan of Inceptum, Inc.

Weaver Apparel LLC, a multinational apparel manufacturer, signed a seven-year lease for a 2,950 s/f fashion office and showroom at 526 Seventh Ave. The landlord, SMC 526 Seventh LLC, was represented by Mark Gindi of MJ Property Group. Asking rent for the space with tenant build-out was $36 per s/f. The tenant plans to relocate from its current New York offices at 209 West 38th St. in March.

Kidz World, Inc., a menswear manufacturer, signed a seven-year lease for a 2,100 s/f fashion office and showroom at 260 West 39th St., with an asking rent of $39 per s/f for the newly built-out space. Landlord MJ Orbach Associates, Inc. was self-represented by Michael Orbach. Kidz World is relocating from 226 West 37th St.

“These were both fast-track transactions thanks to forward-thinking property owners who each offered to provide top-flight and timely tenant build-outs,” said Lieberman. “Obviously, tenants have a lot of space from which to choose these days and owners who are flexible will be the first to have their buildings leased up.”

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