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Newmark Grubb Knight Frank (NGKF) Retail has secured two new locations for The Coffee Bean & Tea Leaf. The California-based chain has signed leases at 1700 Broadway (between 53rd and 54th Streets) and 280 Broadway (between Chambers and Reade Streets).
NGKF Retail Executive Vice President Jeffrey D. Roseman, Senior Managing Director Marc Frankel and Managing Director Benjamin Birnbaum arranged both leases on behalf of Coffee Bean.
Coffee Bean will occupy 1,200 square feet at the base of 1700 Broadway, a 42-story office building owned by Ruben Companies. Ownership was represented in-house. At 280 Broadway, Coffee Bean will occupy 2,000 square feet at the base of the office tower owned by Abro Management, which was represented in-house by Isaac Widroff.
About The Coffee Bean & Tea Leaf
Founded in Southern California in 1963, Coffee Bean is the oldest and largest privately held coffee and tea retailer in the United States.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.