Aritzia Signs Lease For 16,000 Square Feet At The Shops At Columbus Circle
10 Columbus Circle
Building Size
16,000 SF
Asset Type
Retail
Closing
Apr 23, 2026
AI
The asset involved in this lease transaction is a retail property located at 10 Columbus Circle in the Upper West Side market, encompassing a total area of 16,000 square feet. It is owned by Related Companies.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Disclosed
- Address: 10 Columbus Circle
- Market: Upper West Side
- Landlord: Jeff T. Blau - Related Companies
- Tenant: Jennifer Wong - Aritzia
- Brokers: Ariel Schuster & Jason Wecker - Newmark
Aritzia, represented by Jennifer Wong, entered into a lease agreement as part of its expansion strategy in New York. Brokers Ariel Schuster and Jason Wecker from Newmark facilitated this transaction for the landlord, Jeff T. Blau of Related Companies.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93