Superdry Leases Retail Space In New York From Espirit On 29 W 34th St
LEASED
New York
See Similar DealsRetail16,000 SF
Leased 05/31/2016
LEASED
Superdry Leases Retail Space In New York From Espirit On 29 W 34th St
29 W 34th St, New York, NY, 10001
See Similar DealsRetail16,000 SF
Leased 05/31/2016
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:16,000 SF
Transaction Type:Lease
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$917,110.34
Total Lease Value
$9,171,103.45
Net Landlord Cash Flow$917,110.34
Is there something missing? Send suggestions