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Adams & Co. brokers 9,000 s/f deal.



Adams & Co. recently brokered a 10-and-a-halfyear, 8,867 s/f lease in the Outerwear Center, at 463 Seventh Ave., for Pico Manufacturing Sales Corp., a leading manufacturer of mens and boys underwear and sleep apparel.

Although terms of the lease were undisclosed, asking rents for the space are $32 per square foot.

Pico Manufacturing Sales Corp. will be moving from the Empire State Building to its new space in the 22-story, 408,511 s/f building in the Fashion District.

Adams & Co. recently brokered similar large-scale leases in the popular Outerwear Center for leather specialist Winlit Group Ltd., Herman Kay Company and Henry Doneger Associates, the largest independent fashion buyer and merchandising consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 in the industry. The Outerwear Center--which recently underwent major capital improvements--houses leading outerwear tenants.

They include Forcaster of Boston Utex Corp., Perry Ellis Perry Ellis (March 3, 1940 – May 30, 1986) was an American fashion designer who founded a sportswear house in the mid-1970s. The Rise of Perry Ellis
Perry Edwin Ellis was born in Portsmouth, Virginia, on March 3, 1940, as the only child of Edwin and Winifred
 outerwear, Alorna Coat, Herman Kay/Bromley, Gallery and many others. David Levy David Levy may refer to:
  • David Levy (scientist), a British artificial intelligence researcher
  • David Levy (chess player) (born 1945), Scottish international master chess player
  • David Levy (Israeli politician) (born 1937), also David Levi
, of Adams & Co., represented the landlord in the transaction. Chris Mongeluzo, of Newmark & Co. Real Estate,

LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, represented the tenant.

"The Outerwear Center carries in-demand space, with a 99 percent occupancy rate Noun 1. occupancy rate - the percentage of all rental units (as in hotels) are occupied or rented at a given time
pct, per centum, percent, percentage - a proportion in relation to a whole (which is usually the amount per hundred)
," Levy said. "This lease also serves as further evidence of the appeal of specialty buildings in the Fashion District, which carry 95 percent occupancy rates."

There are no plans to rename Re`name´   

v. t. 1. To give a new name to.

Verb 1. rename - assign a new name to; "Many streets in the former East Germany were renamed in 1990"
 the building the Underwear Center, a spokesman said.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 15, 2004
Words:220
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