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New Flagship Store for L’Occitane at 555 Fifth Ave
L’Occitane En Provence will open a new flagship store in a two-story, 3,378-square-foot space at 555 Fifth Ave. in Midtown Manhattan.
“Given our strong corner presence and highly-visible Fifth Avenue address, it’s easy to see why 555 Fifth Avenue was an optimal location for L’Occitane’s new flagship,” said Kate Goodman, co-president of ATCO Properties & Management, owner of the 245,000 square-foot tower.
The new store is scheduled to open in summer 2018. Richard Skulnik and Linsday Zegans, of Ripco Real Estate Corp., represented the landlord in the 10-year transaction, while Matthew Seigel of Thor Retail Advisors represented the tenant. Asking rent was $1,100-per-square-foot.
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