The company, a tenant since 1996, now has a total of 66,000 sf.Wacoal previously occupied the entire ninth, 10th and 15th floorsof the 272,000-sf 136 Madison Ave., comprising 49,500 sf of space.While the firm's existing lease was due to expire in 2007, it alsorequired additional space for its growing business. Wacoal now isable to expand its presence by taking the entire 14th floor of theproperty. Floorplates in the site range from 16,500 on the upperlevels of the 17-story site and 18,500 sf on the lower floors.

The CB Richard Ellis team of Richard Karson, James Robbins andHarly Stevens repped Wacoal. GVA Williams' Michael Cohen andChristel Engel represented the landlord Jerry Cohen.

"After thoroughly reviewing several alternatives, we concludedthat the most economically viable solution for Wacoal was to extendits lease commitment and expand within the property," says Karson."The deal provided our client with excellent economics throughoutthe term of the lease and at the same time avoid thecapital-intensive and disruptive process of relocating to newpremises," adds Robbins. Other tenants include Donna Karan andSkanska USA Building. Though financial specifics of the transactionwere not available, office space in the site is currentlyadvertised at $28 per sf.