11:45 AM
Newmark Grubb Knight Frank (NGKF) Retail is pleased to announce the completion of a 12-year lease for Juice Press at 625 Madison Avenue, where the organic juice, smoothie and vegan food producer will take 951 square feet for its newest shop.
NGKF Retail’s Associate Director Adam Weinblatt represented Juice Press, while Executive Vice President Jeffrey D. Roseman and Managing Director Nevin Danziger represented the landlord, SL Green Realty Corp. Weinblatt recently secured additional locations for Juice Press at 350 Amsterdam, which opened in January, and 207 Seventh Avenue in Park Slope, which is slated to open this spring.
Surrounded by Madison Avenue’s world-class luxury retailers, hotels and restaurants, Juice Press will be joining Diesel, Lavo, Stuart Weitzman, Canali and Philipp Plein at the base of 625 Madison Avenue.
“We strategically sought out 625 Madison, as it provided Juice Press an excellent opportunity to strengthen its presence in the neighborhood while filling a void between two of its nearby locations,” said Weinblatt. “The demographics of surrounding office tenants and high-end retailers are a perfect match for Juice Press’ customer base, and the store will benefit from strong pedestrian flow along 59th street.”
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.
About Juice Press
Juice Press is on a mission to become the most trusted wellness brand on the planet. Founded in 2010 with the vision of bringing a healthier, more transparent lifestyle platform to the market, Juice Press offers an expansive organic product line and lifestyle resources to help you be your best. With an unparalleled selection of premium plant-based beverages, food and nutritionals, sold online and across a footprint of 32 retail stores and growing rapidly, Juice Press continues to redefine the health movement to meet consumer demand for non-processed food and clean living.