The women's specialty retailer is currently housed at Metropolitan Tower, 142 West 57th St. In a consolidation effort, the company recently signed on for 42,000 sf of office space in the Crown Corporate Campus in Milford, CT. That 15-year lease arrangement encompasses the entire second floor and a portion of the first floor for the company's data center and back office operations. Cushman & Wakefield officials who worked on that deal said Ann Taylor will relocate its data center from New York City and its operations group from space in New Haven to the Milford site. Studley represented the company in this transaction as well.
Ann Taylor Stores Corp., through its wholly owned subsidiary, Ann Taylor Inc., is a specialty retailer of women's apparel, shoes and accessories. For the fiscal year ended January 31, the company reported net sales of nearly $1.6 billion, a 15% rise. Its reported net income rose 26% to $100.9 million.
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