Boston Traders Relocating in Garment District
By Danielle Schlanger December 23, 2014 10:51 am
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Boston Traders, an outdoor lifestyle clothing company, has signed a new five-year lease in the Garment District, not far from its current location, Commercial Observer has learned.
On Jan. 1, the company will move into its 3,549-square-foot space on the 13th floor at at 463 Seventh Avenue between West 35th and West 36th Streets, according to a spokeswoman for Adams & Co. The asking rent was $48 per square feet. Boston Traders will relocate from 525 Seventh Avenue between West 38th and West 39th Streets; Jeff Buslik, one of the brokers representing Boston Traders, said its business is growing and it needs more space.
“We felt that 463 Seventh Avenue was the perfect location for Boston Traders’ expansion,” Mr. Buslik said.
David Levy of Adams & Co. represented the landlord, The Arsenal Company. Jeff Buslik and Seth Godnick, also of Adams & Co., represented Boston Traders. The deal closed the week following Thanksgiving.Mr. Levy said the building has a brand new lobby, which heightens the appeal for “new and exciting brands to come to the building.”
The prior tenant was TOT USA, another apparel manufacturer.
Other apparel tenants in the 22-story building include Henry Doneger Associates, Apparel Consultants, Herman K. Bromley and Gallery.
