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Loeb & Loeb Represents Moraveda Realty Corp. in its Lease Agreement with Foot Locker Retail, Inc.

Loeb & Loeb LLP real estate partner Michael B. Kinney represented the landlord, Moraveda Realty Corp., a privately-owned company, in a retail lease transaction that closed on Tuesday, July 16, 2013, with new tenant, Foot Locker Retail, Inc. Foot Locker, a leading global retailer of athletically inspired shoes and apparel, leased the entire building known as 142 West 34th Street in New York City and is expected to take possession some time in August.

The term of the new lease with Foot Locker is for approximately 15 years.

The property is located in the heart of Herald Square. Previous tenants of the space have included Zales Jewelry Store and Brookstone Stores, Inc.

With a national team of attorneys and professionals, Loeb & Loeb LLP's Real Estate Group provides a broad range of sophisticated legal and counseling services.