Newmark Completes Flagship Lease for Retailer Aritzia
Newmark Retail completed a flagship retail lease on behalf of Canadian fashion retailer Aritzia. Vice chairman Ariel Schuster and associate director Jason Wecker represented Aritzia.
The lease is in Midtown at 608 Fifth Ave. along the southwest corner of West 49th Street. The space spans just over 33,000 square feet across three levels with more than 200 feet of wraparound frontage and was formerly home to Topshop. Omnispective, 608 Fifth’s owner, was represented by CBRE vice chairman Andrew Goldberg and SVP Jared Lack.
“The signing of this deal for Aritzia signifies both their continued commitment to physical retail as well as the strength and importance of Manhattan and the US to the continued success and growth of the brand,” said Schuster. “We believe this additional location will be an integral part of the retail streetscape, as was the case with Aritzia’s additional Soho location at 560 Broadway signed in 2020.”
- ◦Lease
