Robert Khodadadian – Commercial Observer

The shoe still fits, apparently.

Cole Haan has extended its lease for its 7,000-square-foot flagship Rockefeller Center store at 30 Rockefeller Plaza, at the corner of East 50th Street and Fifth Avenue, which it has occupied for at least 20 years.

Tenant broker RCS Real Estate Advisors declined to disclose the length of the new deal or the asking rent in the Tishman Speyer-owned building, saying only that Cole Haan plans to make upgrades to the space. Tishman Speyer declined to comment.

“Rockefeller Center is one of the world’s premier destinations when it comes to retail,” Tom Linko, chief financial officer at Cole Haan, said in a statement. “[We] actually expect to improve the customer experience with some planned upgrades to the store.”

RCS’s Ivan Friedman negotiated the deal on behalf of Cole Haan while Tishman handled it in-house via Alissa Bersin

Friedman said in a statement that the deal was “quintessential to RCS’s DNA” by creating a “win-win” for both Cole Haan and Tishman.

Cole Haan is one of several brands that anchor the Tishman Speyer’s retail tenant roster in the 19-building Rockefeller Center, which also includes Anthropologie, Boisson, Brooks Brothers, FAO Schwarz, Swarovski and Tiffany & Company.

Mark Hallum can be reached at mhallum@commercialobserver.com.

The shoe still fits, apparently. Cole Haan has extended its lease for its 7,000-square-foot flagship Rockefeller Center store at 30 Rockefeller Plaza, at the corner of East 50th Street and Fifth Avenue, which it has occupied for at least 20 years. Tenant broker RCS Real Estate Advisors declined to disclose the length of the newRead MoreChannel, Leases, Retail, 30 Rockefeller Center, Cole Haan, Ivan Friedman, RCS Real Estate Advisors, Tishman Speyer  Commercial Observer Read More 

Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.

Robert Khodadadian, properties, ground leases, ground lease, off market, investment sales, khodadadian, Commercial Real Estate Sales, Commercial Observer, Retail For Lease, Commercial Observer,

Commercial Office Lease

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