Childrenswear Company Expands at Adams & Co.’s 463 Seventh Avenue
By Terence Cullen February 14, 2017 2:37 pm
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Trimfit, a producer of baby and children’s clothing, has signed a deal to relocate within and expand at 463 Seventh Avenue, Commercial Observer has learned.
The 9,440-square-foot lease puts Trimfit on part of the 13th floor of the 22-story, 478,800-square-foot building between West 35th and West 36th Streets, according to information provided by landlord and brokerage Adams & Co. Asking rent in the five-year lease was $58 per square foot, according to the firm.
Previously, the company leased 2,634 square feet on part of the 15th floor, according to CoStar Group.
In a statement via a spokesman, Adams & Co. Principal David Levy said Trimfit has been based in the building for the last five years. But its growth has already forced the company to outgrow its space twice, said Levy, who represented both sides of the deal.
“The property was ideal for the children’s apparel company—as it has been for many fashion brands—because it works with global department store chains and top vendors that frequent the Garment District,” Levy said. “To meet Trimfit’s needs we worked closely with them to find a larger, consolidated space that could accommodate the company’s current size and provide flexibility for the future. Trimfit seized the opportunity to lease on the 13th floor of 463 Seventh Avenue and will continue to benefit from its prime location.”
Last month, Service for the UnderServed signed a 31,607-square-foot lease to move into the building, as CO previously reported. The nonprofit took the entire 17th floor and part of the 18th floor, having sold its commercial condominium at 305 Seventh Avenue between West 27th and West 28th Streets.
