DJK Commercial Realty, the commercial branch of leading real estate and relocation firm DJK Residential, announced the lease signing of Chillbox Greek Frozen Yogurt at Two Times Square, the franchise’s first New York City location.
DJK Commercial Realty Agent Eric Piazza and associates represented Chillbox in the leasing transaction. Chillbox signed a 10-year lease to occupy 280 square feet at the Times Square building located on Seventh Avenue between West 47th Street and West 48th Street. The store has since opened.
“Opening the first New York City Chillbox was all about location, which is why heavily trafficked Times Square made perfect sense for the brand’s debut here,” says Piazza. “It’s a great addition to arguably one of the busiest pedestrian crossroads on the planet, and with the construction of the new 452-room Edition Hotel and 76,000-square-foot commercial retail space at 20 Times Square, the intersection will soon become that much more powerful. We’re thrilled to have helped make Chillbox’s debut in New York City a reality and position our client in an iconic building that is truly part of the fabric of the city.”
Founded in Greece, Chillbox currently operates more than 120 stores in Europe, Russia, the Middle East and USA. The franchise business is popular for its frozen yogurt, toppings bar, ice cream and beverage options, including coffee and smoothies.
For more than 25 years, DJK Residential/DJK Commercial Realty has been distinguished by its innovative technology, incomparable resources and hands-on customer service to deliver exceptional service to help its clients buy, sell and lease apartments, condos, co-ops, townhouses, single-family homes and commercial spaces.
The asking rent for the space was $1,000 per square foot. Fred Rosenberg of Sherwood Equities represented Two Times Square.