Newmark Knight Frank leases 12,700 s/f to Ulta Beauty

July 28, 2017 - Retail

Westport, CT Newmark Knight Frank (NKF) has signed Ulta Beauty to a 12,700 s/f, long-term lease at 1365 Post Road East. NKF senior managing director Jessica Curtis, director Nick Marona and associate Robert Marona represented landlord Forstone Capital in the transaction. Adam Zeiberg, partner at TRUE Commercial Real Estate, represented Ulta Beauty.

Jessica Curtis,
Newmark Knight Frank

 

Nick Marona,
Newmark Knight Frank

 

Robert Marnoa,
Newmark Knight Frank

 

Since opening its first store 25 years ago, Ulta Beauty has seen continual expansion, offering more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points. The Westport store will be the company’s fourth location in Fairfield County.  

Zeiberg said, “Ulta Beauty is targeting exceptional retail sites to expand its footprint throughout the country, and this location provides this market access to one of retail’s strongest brands”.

“We are thrilled to announce Ulta Beauty as a tenant at our property,” said Brandon Hall, principal of Forstone Capital. “We feel strongly that the store will see great success at this location as a complementary fit with our current retail roster, which is anchored by gourmet grocery store Balducci’s and interior design retailer Parc Home.”

Previously occupied by upscale fashion and lifestyle retailer Anthropologie, 1365 Post Road East is a stand-alone retail building located on a highly visible site in the town of Westport, one of Connecticut’s strongest retail markets.

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