French skincare company Caudalie Inc. has relocated its U.S. headquarters to 14,000 square feet at 381 Park Ave. South, announced Atco Properties & Management. The company previously had been located at 70 West 36th St. The new lease runs for 10 years and four months. The asking rent was $69 per square foot.
Founded in Bordeaux in 1995 by Mathilde Thomas and her husband Bertrand Thomas, Caudalie specializes in natural skincare products that harness grape and grapevine extracts as well as Vinotherapie treatments and spas.
“We are thrilled by Caudalie’s selection of 381 Park Avenue South for their new U.S. headquarters,” said Kate Hemmerdinger Goodman, co-president, Atco Properties & Management. “The bespoke environment we have cultivated here along with its dynamic Midtown South location, make it the perfect spot for a company that prides itself on the highest-quality products and services.”
Caudalie further extends the 17-story building’s recent leasing momentum. In November, Atco announced four leasing transactions totaling 8,444 square feet with Sepp Leaf Products Inc., Valerio Architects, PreZenDental PLLC and Breakaway Communications, Inc.
Jonathan Moss of M&M Retail Luxury Consulting Inc. represented the tenant and Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers International NY LLC represented building ownership.
