NEW YORK CITY-Duane Reade has signed a lease for 15 years with Silverstein Properties for 11,700 square feet of space at 575 Lexington Ave. situated between East 51st and East 52nd streets. The drugstore chain has signed the deal for both basement and ground level space.
Asking rent was $275 per square foot. Jeff Winick and Ann La Centra of Winick Realty Group represented the tenant, while Jedd Nero of CB Richard Ellis Inc. represented the owner in the deal. For the full story, go to Crain's New York Business .
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