Urban Outfitters Continues Streak, Leases 21,000 Square Feet At 180 Broadway
Billy Gray March 8, 2013, 2:51 p.m.
It’s been a busy month for Urban Outfitters. The trendy apparel retailer is said to have inked a deal for 21,000 square feet at 180 Broadway in the Financial District.
Jeff Sutton, who with SL Green Realty Corp. and Harel Insurance owns the building, represented the landlords. Stephen Plourde and Wade McDevitt of the McDevitt Co. represented the tenant, reported the New York Post‘s Lois Weiss. Since its inception 42 years ago in Philadelphia, Urban Outfitters has grown to over 400 American locations.
The Commercial Observer reported last week that Urban Outfitters had signed the lease for a 61,926-square-foot store at Malkin Properties‘ 3 Herald Square. And earlier this week, Kim Vesey of The New York Observer wrotethat the retailer had reportedly struck a deal for 10,000 square feet at 242 Bedford Avenue in Williamsburg, a neighborhood whose occasionally alternative street style the mainstream chain attempts to mimic.
The 15-year lease at 180 Broadway is for 1,500 square feet on the ground floor, 6,700 square feet on the second and third floors, and 6,000 square feet in the basement.