DETROIT—Chrysler Group LLC has leased 110,000 sq. ft. of showroom space at 629 West 54th Street in New York, N.Y. In the transaction, the tenant was represented by CBRE’s Michael Kadosh and Jedd Nero in Manhattan and by Jeff DeSano and Scott Young in Detroit. The lease was a direct deal with the Friedland Estate, landlord of 629 West 54th Street.
Chrysler Group will be taking the former Audi space at the property.
“This property is located in a highly sought after market for auto dealerships and we are thrilled to have represented Chrysler Group in securing this new location,” said Kadosh, vice president, CBRE New York Tri-State Retail Services Group.