According to PBS Real Estate, Stuart Weitzman, a global leader in designer footwear, has signed a 10-year lease agreement for 37,256 s/f at 625 Madison Ave. PBS' Laura Pomerantz and John Brod represented Stuart Weitzman.
The move represents an expansion and relocation of Stuart Weitzman's corporate headquarters and showroom, previously located at 50 West 57th St. The new space will be located above Weitzman's flagship retail store on the building's third floor, which was formerly occupied by Hermes.
"We were pleased to secure such a perfect location that meets Stuart Weitzman's long-term growth objectives, while also increasing accessibility and convenience for wholesale buyers," said Pomerantz, principal of PBS.
"As retailers look to maintain a consistent message across all channels, it's important to have a real estate strategy that enhances brand equity. Located above its flagship retail store, with prominent neighboring tenants in the building including Ralph Lauren, Bulgari and Bergdorf Goodman, Stuart Weitzman's new space provides a strong foundation to support future growth."
ABOUT PBS REAL ESTATE
PBS Real Estate is a New York-based commercial real estate firm specializing in representing corporate office and retail tenants in New York and throughout major markets across the United States and Europe. Led by principals Laura Pomerantz and John Brod, PBS Real Estate utilizes an extensive network of local and international industry relationships to provide its clients with customized market intelligence and senior level expertise. For more information, please visit the Company's website at www.pbsrealestate.com.
ABOUT STUART WEITZMAN HOLDINGS, LLC
Stuart Weitzman Holdings LLC, a global leader in designer footwear, distributes its shoes through such fine stores as Saks Fifth Avenue, Neiman Marcus, Scoop, Nordstrom, Lane Crawford, Bergdorf Goodman and Harrods. Currently Stuart Weitzman operates 31 retail stores across the United States including New York, Beverly Hills, Chicago, Boston, Las Vegas, San Francisco, and Palm Beach. Stuart Weitzman also has 30 Stuart Weitzman branded stores outside of the United States. The brand is sold in more than 70 countries. Tags: