News: Brokerage

Thor Equities Grp. leases 6,800 s/f to Arc’teryx

Manhattan, NY Thor Equities Group has completed a new lease with Arc’teryx, a leading Canadian outdoor fashion retailer, at 139 Fifth Ave., a six-story landmark mixed-use commercial office and retail building for its latest U.S. retail store slated to open in December. The new location located within the Flatiron shopping corridor will include the complete ground level comprised of 3700 s/f and 3100 s/f on the lower level.

Arc’teryx was represented by Trevor Galina of Isaacs and Co. and Andrew Offierski of Maven Retail Group.

The Flatiron retail district is one of the most active retail markets in the City and Arc’teryx will join neighboring retailers including New Balance, Alo Yoga, Cole Hahn and Club Monaco, among numerous other high-traffic stores in the area.

“Thor is pleased to welcome Arc’teryx to 139 Fifth Ave., one of the city’s premier shopping districts and the perfect location for this growing Canadian outdoor sportswear brand, said chairman & CEO of Thor Equities, Joe Sitt. “We recognize that Arc’teryx will be an asset to the popular Flatiron district and will be at home amongst other world-class fitness, activewear and fashion retailers along lower Fifth Ave.”

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