Nike just did it at 650 Fifth Avenue

After at least three years of searching for a new space, Nike has inked a 15-year lease for a new store on Fifth Avenue. The retailer plans to open a more than 60,000-square-foot store at 650 Fifth Avenue, the Commercial Observer reported. SL Green Realty and Jeff Sutton’s Wharton Properties own the long-term leasehold for the retail portion of the office building, which spans 395,000 square feet. The companies recently added new floors to the … [more]

Source: Real Estate

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