Eastern Consolidated Arranges Two Leases In Manhattan And Philadelphia For Popular Laser Hair Removal Center

8/4/17

-- James Famularo and Ravi Idnani find spaces for Satori Laser at 332 East 86th Street between First and Second Avenues and 1120 Walnut Street in Philadelphia –

Eastern Consolidated, the exclusive tenant representative for Satori Laser, has arranged two 10-year leases for the popular laser hair removal center—one in Manhattan and the second in Philadelphia.

Brokers James Famularo, Principal and Senior Director, and Ravi Idnani, Director, negotiated a 1,500-square-foot ground floor lease at 332 East 86th Street between First and Second Avenues, and a 2,000-square-foot ground floor lease at 1120 Walnut Street in Philadelphia. The Manhattan landlord was represented by Joshua Smith of Milsmith LLC, while the Philadelphia landlord was represented in house.

“With these two new leases, Satori Laser will soon be delivering its treatment services to clients in seven locations,” Famularo said. “Satori Laser is the largest chain laser hair removal center in Manhattan and Long Island and promises to be just as successful in Philadelphia.”

Idnani added, “Satori Laser has developed an expansion strategy targeting affluent, densely populated neighborhoods, and we’re very pleased that we’ve been able to help the business meet its goals. In addition to these two recent leases, we arranged a lease last year in Midtown Manhattan and we’re seeking more sites on the Upper West Side, Financial District, and Brooklyn.”

Although Satori Laser initially treated models exclusively and continues to have partnerships with 15 of New York City’s top modeling agencies, it has a diverse customer base and treats over 30,000 clients annually.

Satori Laser currently operates five centers at 143 East 57th Street; 315 Madison Avenue; 133 West 14th Street; and 488 Eighth Avenue in Manhattan; and in Hicksville, Long Island. More information is available at www.satorilaser.com.

Eastern Consolidated

Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.com and follow us on Twitter@EasternConsol.

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