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Furniture firm getting cozy.


Cushman & Wakefield announced that Safavieh Rug & Home has leased 21,000 square feet for a new Safavieh/American Home Furniture retail store at the Danbury Fair Mall The Danbury Fair Mall is the largest shopping mall in the U.S. state of Connecticut and is one of the largest malls in New England. [1] It is located off of Interstate 84 and U.S. Route 7 in the city of Danbury opposite the Danbury Municipal Airport. .

The Safavieh/American Home Furniture store, expected to open in early October, will become one of the largest retail tenants at the Danbury Fair Mall. Danbury Fair This article is about a fair once held in Danbury, Connecticut. For the mall of the same name, see Danbury Fair Mall.
The Danbury Fair was a yearly exhibition in Danbury, Connecticut.
 marks the third mall location for Safavieh, with stores at the Palisades Center The Palisades Center, often referred to as the Palisades Mall, in West Nyack, New York is one of the largest malls in the United States. Depending on how it is measured, it is considered to both the second largest shopping mall in U.S.  in Rockland County, NY and another in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . In Stamford, Safavieh owns and operates a 100,000 square foot showroom at 230 Atlantic Street and a 50,000 square foot warehouse/distribution center on Market Street.

Thomas O'Leary, senior director of Cushman & Wakefield of Connecticut, represented Safavieh in the transaction negotiations.

"Safavieh was focused on finding the ideal site to expand its retail operation," said Mr. O'Leary. "Danbury Fair Mall is centrally located and will reach a whole new customer base for Safavieh."

Safavieh, founded in 1975 by the five Yarajhi brothers in 1975, opened its first retail store on Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. . The world-renowned furniture and rug retailer, named for a Persian dynasty in the 15th Century, operates nine Safavieh stores and two American Home Furniture stores in the tri-state area. Safavieh is also expanding with a flagship, 60,000 s/f store on Glen Cove, Long Island.
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Title Annotation:Cushman & Wakefield Inc. signs a building lease with Safavieh Rug and Home for new furniture store
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 22, 2005
Words:216
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Next Article:GVA inks leases totaling 16,000 s/f in Hawthorne, NY.(GVA Williams Connecticut represents real estate lease transactions)(Brief Article)
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