New York, NY – August 30, 2017 – Cushman & Wakefield today announced that the real estate services firm has arranged a 10-year, 13,040-square-foot lease for Axel Johnson, Inc. at Vornado Realty Trust’s 155 Spring Street. Axel Johnson, Inc., which occupies the penthouse floor, will be renewing its lease for the current space while also expanding into the floor below.

Cushman & Wakefield Managing Director, Aron B. Schreier, and Director, David Mainthow, represented the tenant in the transaction.

“This is an ideal spot for growing businesses seeking a premier location and a creative space,” said Aron Schreier of Cushman & Wakefield. ”The departure of Trump Model Management presented the perfect opportunity for Axel Johnson to expand their footprint within the building and really custom tailor their new space to fit their evolving brand.”

Newly vacated by Trump Model Management, the fifth floor recently became available allowing for Axel Johnson, Inc. to expand their offices from the sixth floor. As a part of the transaction, the landlord will be renovating the lobby consistent with the tenant’s aesthetic design. The boutique office building totals 49,000 square feet.

Centrally located in SoHo, 155 Spring Street is surrounded by retail shopping, dining, hotels and entertainment.  Situated between West Broadway and Wooster, the property is easily accessible via the MTA’s N, Q, R, W, and A,C,E subway lines.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.