Mackenzie-Childs will be moving its home decor and furnishings store from Midtown to Soho, Commercial Observer has learned.
The company has leased 3,350 square feet on the ground floor and 2,420 square feet on the lower level (not selling space) at 165 Spring Street at the corner of West Broadway, according to Matthew Girard, the director of brokerage operations at Sinvin Real Estate.
The deal is for 10 years and the asking rent was $660,000 a year, Girard said.
Later this year, Mackenzie-Childs will relocate from 20 West 57th Street to 165 Spring Street, also known as 410 West Broadway, to a space previously occupied by Emporio Armani, as per Girard.
The Soho property, a residential and retail co-op, is six stories and 34,275 square feet. Retail tenants include Deciem and Arc’teryx Soho.
Sinvin’s Christopher Owles and Sarah Shannon along with Meisel Real Estate’s Susan Meisel represented the landlord, Elise Meyer Inc., a New York art gallery. The McDevitt Company’s Tim Duffy worked on behalf of the tenant. Meisel and Duffy didn’t respond to a request for comment.
Mackenzie-Childs was founded in 1909, according to its website. There are Mackenzie-Childs retail locations in Aurora, N.Y. and Waterloo, N.Y.