Apparel giant re-ups to 200,000 s/f at 200 Madison Ave.The world's largest shirt company has signed a 200,000 s/f renewal and expansion at 200 Madison Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent . Cushman & Wakefield announced that Phillips-Van Heusen Corporation--which sells everything from its own Van Heusen brand to the Donald J. Trump Signature Collection--will continue to utilize the space for its corporate headquarters. Phillips-Van Heusen signed a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. lease for 10 full floors at 200 Madison Ave., located between 35th and 36th Streets. It will renew the 150,000 s/f it currently occupies on the 10th through 18th floors, and the 23rd floor. The firm will also expand by 47,629 s/f, taking the entire eighth floor. Cushman & Wakefield's Matthew Astrachan as·tra·chan n. Variant of astrakhan. , Mitchell Mitchell, city (1990 pop. 13,798), seat of Davison co., SE S.Dak.; inc. 1881. Mitchell is a trade, distribution, and shipping center for a dairy and livestock area. Konsker and Steven Bauer of the firm's midtown mid·town n. A central portion of a city, between uptown and downtown. midtown Noun US & Canad the centre of a town Manhattan office represented Phillips-Van Heusen in its site evaluation and in lease negotiations with the landlord, 200 Madison Associates, a partnership of George Comfort & Sons, Inc. and Loeb Partners Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. . The same Cushman & Wakefield team recently represented Phillips-Van Heusen in a 225,000 s/f lease renewal and expansion executed in Bridgewater, New Jersey. "This new lease allows Phillips-Van Heusen to accommodate its continuing growth while maintaining its operations within one office building," said Astrachan, a Cushman & Wakefield executive vice president. "Phillips-Van Heusen evaluated its options for additional space, but ultimately found 200 Madison was the best alternative for it to expand its corporate headquarters operation," said Konsker, an executive vice president at Cushman & Wakefield. Totaling about 600,000 s/f, 200 Madison Ave. is a 26-story office building located in Murray Hill Murray Hill may refer to one of the following places:
The owners were represented by Peter S. Duncan and Matt Coudert of George Comfort & Sons, Inc. |
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