Property Of... opens store on Utrechtsestraat in Amsterdam
Property Of... has signed a long-term lease for approximately 40 sq.m. of retail space at Utrechtsestraat 18a in Amsterdam. The store is located close to Rembrandtplein, on the corner of Utrechtsestraat/Herengracht. The room in the basement is also included in the lease that was signed with a private landlord. This summer, the second Property Of... store will be opened in Amsterdam, in addition to the flagship store at Herenstraat that was opened in 2010. The brand also has a store in Hamburg.
Property Of... was founded in 2006 with the purpose of offering a serious alternative to the classic leather briefcase. Their target audience includes both men and women. By now, the brand has added travel bags, backpacks and small leather goods such as wallets to its range.
B&O Retail advised the former tenant on the move. Property Of... was advised by CBRE.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.