JLL helping Columbia curate uptown retail mix

Originally Published: Real Estate Weekly

JLL announced that four new retail tenants are coming to the Morningside Heights neighborhood of the Upper West Side in the fall.

Blue Bottle Coffee, Dos Toros, Loco Coco, and Hex & Company have all signed long-term leases on Broadway between 113th and 114th Streets at 2901-2913 Broadway, at the base of a residential building owned by Columbia University.

Blue Bottle Coffee signed for 1,711 s/f, Hex & Company with 4,322 s/f, Loco Coco signed 487 s/f and Dos Toros signed for 669 s/f.

The leases are representative of a strategic initiative by Columbia to add retailers and uses in the area that will most benefit students, faculty and residents.

JLL’s commercial real estate team of Amy Zhen, Davie Berke, and Patrick A. Smith negotiated the transactions together with Columbia’s real estate team of Shari Colburn, Vice President of Real Estate; Anne Lubell, Assistant Vice President, and Aaron Weaver, Real Estate Associate.

The retailers were represented by Marc Frankel of Newmark Knight Frank Retail (Blue Bottle), Mark Tedeschi and Adam Langer of SRS Real Estate (Dos Toros), and Daniyel Cohen of Winick Realty Group (Loco Coco). JLL represented both the landlord and tenant in the transaction with Hex & Company.

“These specialty retailers are an ideal fit for the community,” said Berke.

“Columbia’s campus on the Upper West Side extends well beyond its classrooms and academic buildings, and these retailers will be popular destinations for everyone connected to the university as well as for local residents.”