Newmark Grubb Knight Frank completes two leases totaling 6,500 s/f

283 Greenwich Avenue - Greenwich, CT

Greenwich, CT Newmark Grubb Knight Frank (NGKF) Retail has secured a lease with the high-end retail brand, COS, for its first Connecticut location at 283 Greenwich Ave. Senior managing director Jessica Curtis of NGKF Retail represented the landlord, Fareri Associates, LP, in the transaction.

COS, the luxurious contemporary brand owned by H&M, operates in 26 countries and 19 markets online. The company signed a 15-year lease for 3,400 s/f at 283 Greenwich Ave., serving as its seventh retail store in the U.S.

The space was previously occupied by Scoop NYC, a retailer for women’s fashion. “When the 10-year lease for the previous tenant expired, the vacancy at 283 Greenwich Avenue created the perfect match for the landlord and the tenant.” said Curtis. “We are thrilled to have found this tenant for Fareri Associates. COS will complement the luxury shopping already available on Greenwich Avenue and we believe it will have much success at this location.”

COS was represented by David LaPierre, senior vice president, and Stephen Sjurset, vice president of CBRE’s retail services group.

In another transaction, NGKF secured a 15-year lease with the chain restaurant, Shake Shack, at 1340 Boston Post Rd. in Darien. Curtis and Nick Marona, director, represented the landlord at the prime location formerly occupied by Chuck’s Steakhouse for over 40 years.

The NGKF Retail team collaborated with the landlord, David Genovese of Baywater Properties, to find the appropriate neighborhood gathering spot to carry on the sense of community provided by Chuck’s. The 3,100 s/f building, specifically designed for Shake Shack, will be the chain’s third location in Connecticut with other locations in Westport and New Haven.

“It was a very exciting process,” said Curtis. “When we were tasked with leasing the property, one of our first calls was to Shake Shack. Having toured the market with them a few years prior, I knew that Shake Shack’s ideal location should have a classic American roadside feel. The 1340 Boston Post Road site has that exact DNA, plus it has easy highway access from I-95 exit 11 and the tight-knit community of Darien. The pieces all came together.”

“We are delighted to welcome Shake Shack to Darien,” stated David Genovese. “The introduction of this exciting, internationally-recognized restauranteur to the existing mix of stores and restaurants in Darien continues our track record of attracting high quality businesses to Darien.”