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Home Depot signs lease to take over 120,000-square-foot Bed Bath & Beyond space in New York City – CNBC

Home Depot is getting ready to bulk up its presence in Manhattan, taking over a space that is being vacated by Bed Bath & Beyond next year.

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Home Depot is getting ready to bulk up its presence in Manhattan next year, taking over a massive space that is being vacated by Bed Bath & Beyond.
The home improvement retailer has signed a lease for a Gazit Horizons-owned asset on Manhattan’s Upper East Side, at 410 E. 61st St., which spans more than 120,000 square feet over four floors.
Bed Bath & Beyond’s current lease expires in 2021. The deal by Home Depot marks one of the largest retail leases, by both size and total annual rent, on record…

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