Search
 

LVMH Subleases 5,300 SF to Montblanc

NEW YORK CITY-The high-end retailer of writing utensils is subleasing space at 598 Madison Ave. from LVMH Moet Hennessy Louis Vuitton for the next 10 years. The new Montblanc store will open this fall.

By Diana M. Rodriguez | Updated on February 26, 2003

NEW YORK CITY-A new flagship location in the works for Montblanc North America Inc., which recently inked a deal to sublease space at 598 Madison Ave. from LVMH Moet Hennessy Louis Vuitton. The luxury pen retailer is set to spend the next 10 years in 5,300 sf on the corner of Madison Avenue and 57th St.

The new location is housed in LVMH’s newest property, which was net leased from the Goldman estate earlier this month. Montblanc anticipates opening the new store this fall.

Colliers ABR chairman Mark P. Boisi and senior managing director of the firm’s retail brokerage division Alexandra Fragos represented LVMH in the deal. Robert Choen of Robert K. Futterman & Associates repped Montblanc. Financials have not been disclosed.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.