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Outerstuff Re-Ups for 10 More Years in Fashion District
Cresa VP Simeon Weber arranged another 10-year lease for Outerstuff at 1412 Broadway, comprising 50,500 square feet on three floors of the Fashion District building between 39th and 40th streets.
The tenant, a designer, manufacturer, and marketer of branded youth apparel for major sports leagues and 200 leading colleges and universities, has been at its current offices for 10 years and was considering relocating to Brooklyn or New Jersey at the end of its lease.
“After defining its long-term goals, Outerstuff considered several locations but ultimately felt Manhattan could facilitate the vision for its future successes,” said Weber. “This deal is a win-win for all parties. Outerstuff scored a favorable lease, and the landlord was able to keep a major tenant in its building.”
Representing the landlord, AB & Sons, was Howard Kesseler Jr. of Newmark.
Image courtesy of Nucor Construction.
- ◦Lease
