NEW YORK, NY (August 3, 2016) – CBRE Group, Inc. announced today that it advised Coach in a 693,938-square-foot lease of its headquarters at 10 Hudson Yards as part of Coach’s sale-leaseback.
CBRE’s Lauren Crowley Corrinet, Mary Ann Tighe and Gregory Tosko represented Coach, who entered into a 20-year lease for the sixth through the 23rd floors.
“We are happy to have played a part in helping this iconic brand monetize their interest while creating an important leasehold where Hudson Yards meets the Highline.” said Mr. Tosko, CBRE vice chairman.
Coach was the first company to commit to the Hudson Yards project and is the largest tenant in 10 Hudson Yards. The company was founded in New York City 75 years ago and is the leading New York design house of modern luxury accessories and lifestyle brands.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
CBRE’s Lauren Crowley Corrinet, Mary Ann Tighe and Gregory Tosko represented Coach, who entered into a 20-year lease for the sixth through the 23rd floors.
“We are happy to have played a part in helping this iconic brand monetize their interest while creating an important leasehold where Hudson Yards meets the Highline.” said Mr. Tosko, CBRE vice chairman.
Coach was the first company to commit to the Hudson Yards project and is the largest tenant in 10 Hudson Yards. The company was founded in New York City 75 years ago and is the leading New York design house of modern luxury accessories and lifestyle brands.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
