Spanish Shoe Retailer Meermin to Open US Flagship at 123 Mercer Street

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The shoe fits for 123 Mercer Street.

Spanish retailer Meermin Mallorca Shoes signed a 10-year lease for 2,822 square feet at SL Green Realty Corp.s 123 Mercer, located between Spring and Prince streets in SoHo, to open its first U.S. flagship store, according to JLL.

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With a showroom previously located at nearby 130 Green Street, Meermin’s new retail outpost includes 2,153 square feet on the ground floor of 123 Mercer, with an additional 669 square feet on the lower level.

Michael Hirschfeld, Paul Berkman, Jesse Wolff and Dylan Stuart of JLL brokered the deal for SL Green. Charlotte Elstob and Matthew Schuss, also of JLL, handled it for the tenant. 

“We are pleased to help Meermin Mallorca secure its first retail space in America,” Schuss said in a statement. “The commitment to SoHo by a leading international retailer highlights the enduring appeal of New York City as we emerge from the pandemic.”

The retailer’s U.S. flagship is slated to open this fall.

A spokesperson for JLL did not respond to a request for the asking rent.

Anna Staropoli can be reached at astaropoli@commercialobserver.com.