(For more retail coverage, click GlobeSt.com/RETAIL.)
NEW YORK CITY-Fashion retailer Hennes & Mauritz is leasing 25,000 sf at 505 Fifth Ave., on the Northeast corner of 42nd Street. The retailer will occupy 7,564 sf of retail space on the ground floor, 11,718 sf on the second floor and 5,066 sf on the lower level. The location is H&M's 10th in Manhattan and scheduled to open spring 2007.
Robert K. Futterman & Associates, LLC's (RKF) Robert Futterman and senior managing director Howard Gilbert represented the landlord, Fifth @ 42nd, LLC, in the transaction. CB Richard Ellis executive vice presidents Jedd Nero and Robert Gibson represented H&M.
The space has been the site of various businesses through the years, none of which were very successful or upscale of upscale.
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