Jones Apparel expands to 56,000 s/f on Seventh.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. announced that it has arranged a 56,000 s/f renewal and expansion at 525 Seventh Avenue on behalf of Jones Apparel Group Jones Apparel Group, Inc., a Fortune 500 company, is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. The company also markets directly to consumers through our chain of specialty retail and value-based stores, and operates the Barneys New , Inc. The transaction included the renewal of the company's 32,521 s/f of existing space, and a 23,821-sq.-ft. expansion. CB Richard Ellis' Rob Martin, an executive vice president in the firm's Midtown office; Lewis Miller; vice chairman; Ken Meyerson, senior vice president; and Amanda Bokman, first vice president; represented Jones Apparel in the transaction. "The space Jones sought for expansion at 525 Seventh Avenue was on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of being leased to another entity, requiring the team to act nimbly," Martin said. "We negotiated several transactions within a very brief timeframe, including early terminations for the company's space at 1065 Sixth Avenue, the expansion at 525 Seventh, and a renewal of its existing offices." Jones Apparel Group is a leader in the apparel and footwear industry, marketing its products under such nationally recognized brands as Nine West, Easy Spirit, Jones 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 , Gloria Vanderbilt Gloria Laura Vanderbilt (born February 20, 1924 in New York City, New York) is an American artist, actress, and socialite most noted as an early developer of designer blue jeans. , l.e.i., Anne Klein Anne Klein (August 3, 1923 - March 19, 1974) was an American fashion designer whose label was continued by designer Donna Karan after Anne Klein's death. Anne Klein was born as Hannah Golofski in New York City on August 3, 1923. , Albert Nipon and LeSuit. For more than 30 years, the company has built a reputation for excellence in product quality and value, and in operational execution. The 411,074 s/f 525 Seventh Avenue is home to a prestigious roster of office tenants such as Nicole Miller, A.B.S. Clothing, Alex Garfield/Garfield & Marks, Copy Cats Industries, I.E. Industries, Jason Tynan & Co., Oriental Paradise and Rhoda Lee. Retail tenants include Duane Reade and Starbucks. |
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