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News release

NEW YORK, NY

Burton Snowboards Relocates Within Vibrant SoHo District

JLL represents snowboard manufacturer in leasing 6,400 SF at 69 Greene Street in Lower Manhattan


NEW YORK, April 4, 2016 — JLL has successfully relocated Burton Snowboards to 69 Greene Street in SoHo. The snowboard, outerwear and accessories retailer and manufacturer signed a lease for 6,400 square feet of retail space within the historic cast iron building.

The tenant, Burton Snowboards, was represented in this transaction by Robert Gibson, vice chairman of New York retail brokerage, and Davie Berke, vice president, of JLL. The building owner was represented by Christopher Owles, principal, and Sarah Shannon, senior director, with Sinvin Real Estate.

“Greene Street is an ideal location for Burton as it will be surrounded by other youthful active lifestyle brands such as Patagonia and Diesel Black Gold,” said Gibson. “Burton wanted to remain within the vibrant atmosphere of SoHo and thought the space and Street offered a true  SoHo feel.”

“We’re very pleased that Burton has elected to continue its successful SoHo operation at 69 Greene Street,” said Owles. “It’s yet another example of the importance many brands put on having a store in New York’s most iconic shopping destination.”

Burton Snowboards signed a lease for 6,400 square feet of space and will occupy 3,000 square feet on the ground floor along with 3,400 square feet of lower-level space at 69 Greene Street, which is located between Spring and Broome in the heart of the SoHo district, one of New York’s signature shopping destinations. The snowboard manufacturer and retailer is relocating to the building from its current store at 106 Spring Street.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,000 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2014, the New York tri-state team completed approximately 22.8 million square feet of lease transactions, arranged investment sales transactions valued at more than $5.4 billion, managed projects valued at $7.6 billion, and oversaw a property management, facilities management and agency leasing portfolio exceeding 163 million square feet.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.