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Pride Family Brands and Merchandise Mart Properties Ink Deal for Relocation to 15th Floor Showroom
Pride Family Brands signs 5 year lease extension with Chicago’s Merchandise Mart for a 15th floor showroom as a part of the reconfiguration of the casual furnishing floors to be completed in 2012.
"For years, Pride Family Brands has been committed to maintaining a major presence within The Mart and are excited about the renewed focus that is being given to our category with the redesign of the showroom floors," said Steve Lowsky, president of Pride Family Brands. "With the relocation, Pride will hold a prominent position on the newly designed 15th floor and offer our buyers an 11,000 square foot space with expanded features for showcasing our products. The space is slated to be completed by December 2012 and will be open for the first time to buyers in January 2013.
"The reconfiguration of our casual showrooms has been in response to requests from buyers, tenants and the International Casual Furnishings Association over the years," said John H. Brennen III, executive vice president of MMPI. "We are excited to have Pride Family Brands' five year lease extension and their commitment to a 15th floor showroom. ¬¬¬¬MMPI has been a steward of consistent growth for the casual industry and this move will increase the existing 250,000 square feet of space by 10%.
The Merchandise Mart is securing design visionary Gary Lee to bring his award-winning creativity to the design of the corridors of the 15th floor. An existing stairwell connecting the 15th and 16th floors will be complemented by a dedicated stairwell connecting the 14th and 15th floors, improving flow between the casual and residential showrooms.
For more information about Pride Family Brands and their distinguished lines of casual furniture visit www.pridefamilybrands.com or contact 954-735-9800.