Hygiene-Focused Panties Company Thinx Growing at Starrett-Lehigh Building
By Lauren Elkies Schram November 30, 2017 12:30 pm
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“Period-proof” underwear company Thinx is relocating to bigger digs within the Starrett-Lehigh Building on the Far West Side, a source told Commercial Observer, “due to natural growth.”
The 2011 American company is moving from 7,464 square feet on the third floor at RXR Realty’s 601 West 26th Street between 11th and 12th Avenues to 22,285 square feet on part of the fifth floor, in both cases through a sublease with PVH’s Tommy Hilfiger, the source said. The new sublease, signed on Tuesday, is through June 30, 2020 and the asking rent was $36 per square foot.
Newmark (NMRK) Knight Frank’s John Moran and Evan Foley represented Thinx in the deal and JLL (JLL)’s Mitchell Konsker, Alexander Chudnoff, Daniel Turkewitz and Benjamin Bass worked on behalf of Tommy Hilfiger. Spokesmen for both firms didn’t immediately respond with comments from the brokers.
Tommy Hilfiger leases 285,188 square feet at the building, but in February signed a deal to relocate to 285 Madison Avenue between East 40th and East 41st Streets, as CO reported at the time. Of the Tommy Hilfiger space at Starrett-Lehigh, payroll services platform Justworks subleases 59,140 square feet, as CO reported in August.
