Manhattan, NY Aéropostale, the specialty retailer of casual apparel and accessories for teenagers, has again expanded its space at W&H Properties' 112 West 34th St. by taking an additional full floor of 30,000 s/f, according to Barry Zeller, executive director of Cushman & Wakefield, the building's managing and leasing agent. The firm, a tenant since 2003, now occupies six full floors in the building totaling almost 90,000 s/f.
"Aéropostale's expansion is timely," said Zeller. "The building is undergoing a massive capital improvement program and has significantly benefited from a change in management a year ago. These transformations are attracting substantial interest from brokers and tenants alike, and Aéropostale seized the opportunity before its competitors could."
Zeller represented the landlord in the lease negotiations, along with leasing director Audrey Coe, also of Cushman & Wakefield.
Located across from Macy's, 112 West 34th St. contains 26 stories and more than 800,000 s/f. It offers access to the Long Island Rail Road, New Jersey Transit, Amtrak, the Port Authority Terminal, PATH and 15 subway lines.
The property's $80 million top-to-bottom capital improvement program includes a new lobby, renovated elevators and bathrooms, air-conditioned public corridors, upgraded building systems and a modern, energy-efficient, and sleek new glass curtain wall with operable windows.
Part of the W&H Properties portfolio, the building is owned by 112 West 34th St. Associates, L.L.C, a partnership led by Peter L. Malkin. Tags: