The roughly half-million-sf, 10-story building had appropriatedbetween 140,000 sf to 150,000 sf to retail, explains Eric Rubin,principal of Madison Retail Group, which brokered the transactions.There is about 28,000 sf of retail space left; the rest of thebuilding is fully leased to office occupants.
Zara, an international retailer, will occupy 13,000 sf. Zara wasrepresented by Jeffrey Paisner of New York-based Lansco withMadison Retail Group. West Elm, a furniture and home goods store,has signed a lease for 40,000 sf through Madison Retail Group onbehalf of its owner, Williams-Sonoma Inc.
Madame Tussauds, which will open this October, will occupy30,000 sf. Washington, DC is the latest city to host the famous waxmuseum. Other locations include London, Hong Kong, New York City,Las Vegas, Shanghai and Amsterdam. The Tussaud Group, owner ofMadame Tussauds and other wolrd-wide attractions, was acquired thisweek by New York City-based the Blackstone Group for $1.93 billion,as reported by GlobeSt.com. According to a source, the acquisition willnot affect the museum's opening. Madison Retail Group representedMadame Tussauds with Los Angeles's Howard Samuels.
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