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NEW YORK CITY - Exhale Enterprises, Inc., which operates upscale day spas throughout the country, has leased nearly 6,000 square feet for its executive offices on the 19th floor of W&H Properties' 250 West 57th Street, announces Barry Zeller, executive director of Cushman & Wakefield, the building’s managing and leasing agent.
The firm, which was represented by Steve Robinson of CB Richard Ellis, has relocated from nearby 200 West 57th Street. Mr. Zeller and George Fabian of Cushman & Wakefield represented the landlord in the lease transaction.
"Since Exhale is committed to improving well being, it's no surprise that the firm decided to relocate its executive offices to 250 West 57th Street," notes Mr. Zeller. "The move reflects the success of ownership's $82-million-dollar capital improvement program, designed to enhance the tenant’s experience."
Exhale's day spas are located in New York, Massachusetts, Illinois, California and Texas. The spas are designed to "fulfill the need for high quality transformational mind body offerings within a spa setting," according to the firm's Web site.
250 West 57th Street's top-to-bottom capital improvement program, totaling $82 million, has recently concluded. The renovations include new windows, elevator cabs, upgraded building systems, refurbished air-conditioned public corridors, and a renovated lobby and concierge desk.
Space availability at 250 West 57th Street ranges from 1,700 square feet to a spectacular tower duplex of 20,328 rentable square feet that overlooks Central Park and has a private rooftop terrace.
250 West 57th Street also features the highly successful W&H pre-built program with spaces in move-in condition that have new ceilings, lighting, flooring and highly efficient space layouts.
Part of the W&H Properties portfolio, 250 West 57th Street is owned by Fisk Building Associates LLC, a partnership led by Peter L. Malkin.
Broker commissions are paid 100% upon lease signing.
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