Champs Sports leases Times Square space. (Retail New York).Champs Sports, the specialty athletic footwear, apparel and equipment retailer, a division of New York-based Foot Locker Foot Locker, Inc. (NYSE: FL) is a major American sportswear and footwear retailer, with its headquarters in New York City, and operating in approximately 20 countries worldwide. It is the successor corporation to the F.W. Woolworth Company (“Woolworth’s”). , Inc., has signed a 10,127-SF bi-level lease for a new "power store" at Boston Properties' new 37-story tower, Five Times Square. The 15-year deal is the first retail lease to be signed at the newly constructed 1.1 million-SF building, dramatically positioned on one of the most visible intersections in Times Square--at the southwest corner of Seventh Avenue and 42nd Street. Champs Sports will contain 5,320 SF of space on the ground and 4,807 SF on the second floor and is expected to open in the Fall 2002. David Green and C. Bradley Mendelson of Insignia/ESG's Retail Group negotiated the long-term lease for landlord Boston Properties, while Laura Pomerantz, John Brod and Mort Schrader of PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, Realty Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control acted on Champs' behalf. Insignia/ESG and PBS launched a strategic alliance late last year and this is the second deal the two companies have arranged together in 2002. The first was a 3,200-SF lease for Anne Klein's flagship in SoHo at 417 Broadway. "We are thrilled to welcome such a creditworthy cred·it·wor·thy adj. Having an acceptable credit rating. cred  it·wor and successful
retailer as Champs to our building," said Robert Selsam, senior
vice president of Boston Properties. "It's a tremendous show
of confidence in New York New York, state, United StatesNew 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 , during uncertain economic times and following Sept. 11, that Champs is committing to Times square." |
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