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Beauty retailer signs lease for 15,000 s/f distribution center.


Pantheon Properties today announced Ricky's NYC NYC
abbr.
New York City


NYC New York City
 has signed a 15,000 s/f lease at its 3200 Liberty Avenue industrial property in North Bergen North Ber·gen  

A community of northeast New Jersey north of Jersey City and across the Hudson River from Manhattan Island. Population: 59,500.
, NJ.

Ricky's NYC will use the space as its primary distribution facility for its New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 area stores.

The popular beauty retailer currently operates 20 stores throughout New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and Miami with a focus on professional hair products and accessories, face & body products, novelties & apparel. Matthew Corpuel, vice president of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , represented Ricky's in this transaction.

"Ricky's NYC was seeking a Class A industrial property within close proximity to New York City that could satisfy all their space and logistical needs--3,200 Liberty Avenue was a perfect fit for them," said Gary Capetta, Executive Vice President of Pantheon.

"Ricky's NYC joins a group of fellow tenants at this prime North Jersey location that are also highly successful, New York-based retailers. The building provides these tenants with quick and convenient inventory access and distribution capabilities necessary to maintain a successful New York-based retail operation."

3200 Liberty Avenue is a 215,000 s/f, single-story, industrial facility located on nearly nine acres in North Bergen.
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Title Annotation:NEW JERSEY
Comment:Beauty retailer signs lease for 15,000 s/f distribution center.(NEW JERSEY)
Publication:Real Estate Weekly
Date:Sep 5, 2007
Words:190
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