44 Wall St./ Image credit: Kevin Chu and Jessica Paul Photography 44 Wall St./ Image credit: Kevin Chu and Jessica Paul Photography

NEW YORK CITY—Lower Manhattan continues to diversify. SMCP Brands is moving its North American headquarters and showroom to 44 Wall St. They inked a 10-year deal with Blackstone real estate funds’ US office portfolio company, EQ Office. The clothing and accessories company produces three well known fashion brands, Sandro, Maje and Claudie Pierlot. It will occupy the entire 12th floor at their new location, comprising 17,337 square feet.

Although the lease price was not disclosed, a source close to the deal tells Globest.com that the asking rent was in the low to mid-$60s per square foot.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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