New York- April 12, 2011 – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that SHINDO USA, Inc., a wholly owned subsidiary of SHINDO Senikogyo Co. Ltd of Japan has signed a ten-year lease for 5,400 square feet of space to expand their retail showroom and offices at 469 Seventh Avenue.
SHINDO USA, Inc. is a leading supplier of textiles and fabrics as well as industrial materials. The company also specializes in silicone product development. Renowned for their innovative approach to functionality and design, SHINDO USA, Inc’s presence in three lines of business is spreading around the world, and their high-quality product lines are attracting international attention.
SHINDO USA, Inc plans to relocate from 152 W 36th Street to 469 Seventh Avenue in May. The company will occupy the mezzanine, basement and part of the ground floor.
“We were pleased to have assisted SHINDO USA, Inc. in their relocation,” said Junji Miyake, Vice President at Cassidy Turley. “At 469 Seventh Avenue, SHINDO USA will be able to expand their retail showroom space and offices as well as reduce their annual occupancy cost.”
Junji Miyake of Cassidy Turley represented SHINDO USA, Inc. in the transaction. The landlord was represented Eric Meyer of Colliers International.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with 3,000 professionals in 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $17 billion in 2010, manages 430 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.