Luxury Watch Brand 7K-sf Relo Within Plaza District

Luxury watch brand Grand Seiko will be relocating two blocks north in early 2023 to a 6,259-square-foot space at 540 Madison Avenue. Currently located in a smaller space at 510 Madison Avenue, the new space includes 3,243 square feet on the ground level and 3,016 square feet of lower-level space. Previously occupied by a Wells Fargo branch, which moved across the avenue, asking rent for the 10-year deal with the Japanese watch company was $475 per square foot.