Ducati Triumph NYC signs 15-year lease

Publish Date: 
Jan 29, 2014

NEW YORK, N.Y. - Mototainment LLC – better known as Ducati Triumph NYC – has signed a 15-year lease for its 8,300 sq. ft. space at 155 Avenue of the Americas.

The authorized dealer and service provider of Ducati, Triumph and Mission motorcycles signed a direct lease with the landlord after previously subleasing ground floor retail space at the Hudson Square property, according to the Commercial Observer.

The location is fronted by an island park. Mototainment’s showroom and service department occupies ground floor retail space at the Hudson Square property. Retail rents at the building go for about $175 per square foot.

“We are proud to be able to attract a dynamic mix of high-quality retail tenants like Ducati Triumph NYC to Hudson Square to serve and engage office workers and residents as well as visitors to Hudson Square,” said Jason Pizer, president of Trinity Real Estate. “Their 15-year commitment will help sustain the neighborhood’s strength and vibrancy.”

Posted by Holly Wagner