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Burberry signs 10-year lease with Beck Street
27 Sep '10
2 min read
Beck Street Capital, a private real estate investment firm, announced that Burberry, the luxury apparel retailer, has signed a 10-year lease at 367-369 Bleecker Street in New York City.
"When preliminarily marketing this space, one of the first tenant names that came to mind was Burberry. We believe that Burberry will utilize this picturesque, perfectly located and extremely unique space to its fullest extent," said Kevin Comer, Senior Managing Director of Beck Street Capital.
367-369 Bleecker Street was acquired by Beck Street Capital in 2004 and was successfully converted to condominiums in 2006. The retail condominium features two ground-level storefronts and a bright selling basement, both of which make this space one of the largest on Bleecker Street with 50 feet of frontage.
Located on, arguably, the best corner in the West Village, this retail condominium is nestled amongst other high end retailers such as Ralph Lauren, Michael Kors, Black Fleece by Brooks Brothers, A.P.C., Marc Jacobs, Cynthia Rowley, Brunello Cucinelli, Bonpoint, and Jack Spade.
Burberry is a global luxury brand with a distinctive British heritage, core outerwear base and one of the most recognized icons in the world. Headquartered in London, Burberry was founded in 1856. It is listed on the London Stock Exchange (BRBY.L) and is a constituent of the FTSE 100 index.
Joel Isaacs and David Baker of Isaacs and Company represented Beck Street Capital and Joan Siegel of Siegel Consultants represented Burberry in the lease transaction.
"When preliminarily marketing this space, one of the first tenant names that came to mind was Burberry. We believe that Burberry will utilize this picturesque, perfectly located and extremely unique space to its fullest extent," said Kevin Comer, Senior Managing Director of Beck Street Capital.
367-369 Bleecker Street was acquired by Beck Street Capital in 2004 and was successfully converted to condominiums in 2006. The retail condominium features two ground-level storefronts and a bright selling basement, both of which make this space one of the largest on Bleecker Street with 50 feet of frontage.
Located on, arguably, the best corner in the West Village, this retail condominium is nestled amongst other high end retailers such as Ralph Lauren, Michael Kors, Black Fleece by Brooks Brothers, A.P.C., Marc Jacobs, Cynthia Rowley, Brunello Cucinelli, Bonpoint, and Jack Spade.
Burberry is a global luxury brand with a distinctive British heritage, core outerwear base and one of the most recognized icons in the world. Headquartered in London, Burberry was founded in 1856. It is listed on the London Stock Exchange (BRBY.L) and is a constituent of the FTSE 100 index.
Joel Isaacs and David Baker of Isaacs and Company represented Beck Street Capital and Joan Siegel of Siegel Consultants represented Burberry in the lease transaction.
Beck Street Capital
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