Newmark Grubb Knight Frank Retail announced that it has secured L’Occitane en Provence, the global, natural and organic ingredient-based cosmetics and well-being products manufacturer and retailer, for a 700-square-foot retail space at 1126 Third Avenue, located between 65th and 66th Streets. L’Occitane will be expanding its presence when it relocates from 1188 Third Avenue in time for the holidays.
Jeffrey D. Roseman, executive vice president, and Jason Maurer, managing director, with Newmark Grubb Knight Frank Retail, represented the landlord, JEM 6 Realty. Crown Retail Services represented the tenant.
“Ownership is pleased to welcome L’Occitane to 1126 Third Avenue. This is a great tenant for the base of the building and it allows L’Occitane to expand its presence on the Upper East Side. It was a perfect fit for both sides,” said Mr. Maurer.
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.
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