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Jollibee Signs Times Square Lease for Flagship Restaurant
Jollibee, one of Asia’s largest restaurant companies, inked a 7,127-square-foot lease for a new Manhattan flagship location at 1500 Broadway, located between 43rd and 44th streets and owned by Tamares Real Estate. The lease includes 3,127 square feet of ground-floor retail space along with 4,000 square feet on the lower level.
CBRE’s Amira Yunis, Anthony Stanford, Henry Rossignol and Elliot Ferris facilitated the negotiations for the transaction, representing both the tenant and landlord.
“1500 Broadway’s Times Square location offers unmatched opportunities for exposure in one of the most recognizable retail corridors in the world,” said Stanford. “The building’s premier retail space and LED signage in one of the city’s top destinations for consumer spending create an attractive location for Jollibee as the company continues its North American expansion and we work to increase their New York City presence.”
- ◦Lease
