New York, NY – January 30, 2018 – Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis to market a world-class retail opportunity located at 609 Fifth Avenue in Midtown, Manhattan.

A Cushman & Wakefield team consisting of Vice Chairman Alan Schmerzler, Executive Managing Director Michael O’Neill, Executive Managing Director Steven Soutendijk, Director Sean Moran and Director Jason Greenstone will be leading the marketing efforts on behalf of the property’s owner, SL Green.

“The property’s exceptional position offers unparalleled exposure and branding at one of the world’s single best retail locations,” said Alan Schmerzler of Cushman & Wakefield. “Taking into consideration the expansion of the existing retail frontage to 53 feet on Fifth Avenue, customizable storefront and unmatched retail co-tenancy, we expect tremendous interest for this property.”

SL Green is currently repositioning the existing office lobby on Fifth Avenue to 49th Street making for 53 feet of unobstructed retail frontage on Fifth Avenue. The newly configured retail space will have 180 feet of total wraparound frontage. Previously occupied by American Girl, the 27,003-square-foot flagship retail opportunity will feature three floors, high ceilings, and flexible door placement for various entry/exit points.

Located on the southeast corner of Fifth Avenue and 49th Street, the property is situated on the world’s most famous retail thoroughfare and anchors the area’s most highly trafficked intersection. Popular neighbors represent a collection of the world’s most recognizable retail brands including Saks Fifth Avenue’s global flagship store, Nike’s future flagship store, Cartier, Topshop, H&M, Zara, Ted Baker and many others; in addition to being directly across the street from legendary New York City landmark Rockefeller Center that attracts an estimated 350,000 daily visitors.  609 Fifth Avenue is in close proximity to Grand Central Terminal and is easily accessible from the 1, 4, 5, 6, 7, B, C, E, F, and M subway lines.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. 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. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.