New York, NY – August 9, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a long term lease for Nili Lotan at 142 Duane Street in the Tribeca neighborhood in Manhattan. Nili Lotan will use the space for the brand’s showroom, office, and design center.
A Cushman & Wakefield team consisting of Managing Director Brandon Singer and Senior Brokerage Coordinator Michael Cody represented Nili Lotan in the transaction. The landlord of the property is 101 Holdings.
“During Nili Lotan’s search, our team was dedicated to finding the ideal space for the brand’s new showroom and design center, and 142 Duane Street offered the multi-level, sunlight space the brand was looking for,” said Brandon Singer of Cushman & Wakefield. “The property was certainly worth the wait.”
The retail space at 142 Duane Street totals 7,668 square feet over the ground floor, mezzanine and lower level. The multilevel retail property boasts high ceilings and offers tons of natural light making it a perfect location for Nili Lotan’s new design center and showroom.
Nili Lotan is a namesake fashion brand created by critically acclaimed and renowned Israeli-born and New York-based ready-to-wear fashion designer, Nili Lotan. The brand was launched in 2003 and has seen great success with a list of dedicated, famed clients such as Gigi Hadid, Kendall Jenner and Jennifer Lawrence.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.