Lease Beat

Miraclebody and Mainstream Swimsuits Join Fashionable Crowd at 250 West 39th Street

Mainstream Swimsuits and sister-company Miraclebody, the denim manufacturer that claims weight loss as a virtue, have inked a 7,500-square-foot deal for two spaces at 39 Street Fashion Center.

Miraclebody will renew its lease on the 11th floor of 250 West 39th Street, the asset’s formal address, and Mainstream Swimsuits will relocate the design department to the building’s third floor, brokers told The Commercial Observer.

250w39 Miraclebody and Mainstream Swimsuits Join Fashionable Crowd at 250 West 39th Street

250 West 39th Street.

The asking price for the spaces was $36 per square foot.

“It is a beautifully renovated and well managed building,” said Jonathan Mines, a broker with Tarter Stats O’Toole who represented the landlord alongside Catherine O’Toole.

Indeed, Miraclebody and Mainstream Swimsuits are among a fashionable crowd. Designers, manufacturers, producers and women’s apparel exporters and importers occupy approximately three-fourth of the building’s rentable area.

Japanese apparel design company HMS, fashion designer Anna Sui Inc., sportswear company L’Koral Inc., accessories brand Findings Inc. and Stoll America Knitting Machinery Inc. occupy more than 70,000 square feet of showroom and office space at the asset, according to the website of the property.

The broker for 250 West 39th Street said that at the moment only two spaces are available in the building. The landlord is the Dallas-based Lincoln Property Company, which has made developments and acquisition projects for more than $1 billion in real estate value throughout the Northeast.

Richard Selig, a principal of Coldwell Banker Commercial Alliance, represented the tenant.

Mainstream Swimsuits, has recently inked a deal for a 10,000-square-foot showroom at 1441 Broadway. A spokeswoman for Miraclebody declined comment.

 

apirolo@observer.com

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