Italian chocolate masters lease NYC basecamp for US retail expansion

Oct 18, 2021 734

Italian chocolatier Venchi Chocolate has leased a New York City headquarters space as it prepares to expand its US retail footprint. Resolution Real Estate Partners’ Brett Weiss and John Monaco represented landlord Kiami Windsor Management in the 3,525 s/f office deal at 16 West 36th Street in Midtown West. Newmark’s Ross Kaplan and William Chaplin represented Venchi, a nearly 150-year-old chocolate brand that now has over 150 stores around the world.

With financial backing from Simest, a division of Italy’s state-backed lender and equity investor, Cassa Depositi e Prestiti Group, Venchi is planning to open 25 new US stores over the next four years.

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SOURCE: https://rew-online.com

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