Superdry Leases Retail Space In New York From Espirit On 29 W 34th St

The retail property located at 29 W 34th St in New York, NY, 10001, was leased by clothing brand Superdry for a total of 16,000 square feet. Superdry agreed to pay $3 million per year for the seven-year lease, which was $2 million below the initial asking price.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Lease of 16,000 square feet
• Tenant: Superdry
• Tenant's Representative: Michael Hirschfeld (JLL)
• Landlord: Espirit
• Landlord's Representative: Richard Hodos (JLL)

JLL's Michael Hirschfeld represented Superdry in the lease transaction, while CBRE's Richard Hodos and Joseph Hudson acted as representatives for the landlord, Espirit. The deal was closed successfully with Superdry securing the entire space at a favorable rate.