Newmark Grubb Knight Frank Retail announced that Los Angeles-based Civilianiare has signed a long-term lease at 53-55 East Houston Street at the corner of Mott Street. The new denim concept, which was founded by the principals of Lucky Brand Jeans, will occupy 1,250 square feet on the ground floor with a 400-square-foot basement. This will be the first New York City location for Civilianaire, which has several stores across southern California.
Jason Pruger, executive managing director, and Ross Kaplan, senior managing director, of Newmark Grubb Knight Frank Retail represented ownership in the transaction, while Robert Draizen of Hanley Advisors represented the tenant.
“Civilianaire saw this corner, with its expansive new all glass storefront, as the entrance to Nolita and the opportunity to co-exist with many great stores and boutiques like Jay Kos, Rag & Bone, Calypso and others,” commented Mr. Kaplan.
Civilianaire will join menswear retailer Jay Kos at 53-55 East Houston Street, which opened its doors in 2011 on the Mott Street side of the building.
About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.
Newmark Grubb Knight Frank, together with its affiliates and London-based partner Knight Frank, employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.