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News release

NEW YORK

JLL Secures New Flagship for Champs Sports at 10 Times Square in New York

Sportswear retailer to open new multi-level flagship store


NEW YORK, August 10, 2017 JLL has completed a new lease for Champs Sports, a division of Foot Locker Inc., at 10 Times Square, also known as 1441 Broadway, on behalf of building owner Lechar Realty Corp. The sportswear retailer signed a lease for retail space at the base of the Class A, 550,000-square-foot office building.

Building owner Lechar Realty was represented by Robert Gibson, vice chairman; Davie Berke, executive vice president; Amy Zhen, senior vice president; and Steven Robinson, vice president, all with JLL. The tenant was represented by Mark Finkelstein, president, of Retail Strategies LLC.

"Champs Sports is moving its flagship store into a far-larger and much more visible location," said Gibson.

"We are delighted to welcome Champs Sports to 10 Times Square," said Steve Anderson, CEO, of Lechar Realty. "The building is in the final stages of a major renovation that includes a new curtain wall on the lower floors, nearly 46,000 square feet of prime retail space, and a new state-of-the-art office lobby to be unveiled in the coming months. Located at the south end of Times Square, 10 Times Square offers prominent signage opportunities that can be seen from blocks away."

Champs Sports inked a lease for two stories of prime retail at 10 Times Square, which is located on the southwest corner of Broadway and West 41st Street. The space encompasses 115 feet of wrap-around frontage along Broadway and West 41st Street on the ground floor, and 165 feet of wrap-around frontage on the second floor.

The 38-story 10 Times Square, also known as 1441 Broadway, was designed by Buchman & Kahn and constructed in 1930. The building offers a total of 45,765 square feet of retail space at the base of the building, including 16,901 square feet on the lower level, 12,361 square feet on the ground floor and 16,503 square feet on the second floor.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,400 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2016, the New York tri-state team completed approximately 28.2 million square feet of lease transactions; arranged investment sales, notes, debt and equity transactions valued at more than $12.0 billion; managed projects valued at $7.9 billion; and oversaw a property management, facilities management and agency leasing portfolio exceeding 146.7 million square feet.

About Champs Sports

Champs Sports is a specialty athletic retailer that operates 545 stores across the United States, Canada, and Puerto Rico. Including its direct-to-customer channels (champssports.com and champs.com) Champs Sports is a leading provider of athletic footwear and apparel. Champs Sports is part of Foot Locker, Inc., which operates more than 3,350 stores in 23 countries in North America, Europe, Australia, and New Zealand under various banners, including Foot Locker, Kids Foot Locker, Lady Foot Locker, Footaction, SIX:02, Runners Point, and Sidestep, as well as its direct-to-customer channels, including footlocker.com and eastbay.com. 

Additional information may be found at champssports.com | Instagram: @champssports | Twitter: @champssports | YouTube: youtube.com/champssports | Facebook: facebook.com/champssports. #WeKnowGame

About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the second quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of nearly 80,000. As of June 30, 2017, LaSalle Investment Management had $57.6 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.​