Charming Charlie Inks 15,500-SF Deal for First Manhattan Location
Billy Gray Oct. 10, 2013, 7:45 a.m.
The fashion accessories retailer Charming Charlie signed a 15,500-square-foot lease at 445 Fifth Avenue, The Commercial Observer has learned. It will be the chain’s first Manhattan location.
Jeremy Ezra and Greg Covey of RKF represented the tenant along with Jonathan Lapat of Boston-based Strategic Retail Advisors. The landlord, Thor Equities, was represented in-house.
“With its unique in-store shopping experience, Charming Charlie has quickly become one of the most sought-after accessories retailers in the nation,” Joseph J. Sitt, chief executive of Thor, said in a prepared statement. “Our team here at Thor Equities is certainly proud to have helped them establish a visible presence along New York City’s illustrious Fifth Avenue within one of our properties.”
Mr. Sitt was traveling overseas when this story went to print and could not be reached for further comment.
Charming Charlie, which was formed in 2004 and now has over 250 American stores, prides itself on a staggering array of women’s fashion accessories arranged by color. The location one Fifth Avenue and 39th Street–across from the New York Public Library main branch and close to Grand Central Terminal–guarantees good foot traffic.
Representatives from RKF and Thor could not immediately be reached for comment.