PHILADELPHIA–(BUSINESS WIRE)–MSC announced the lease of 4,000sf on the ground floor and mezzanine of 1625 Walnut Street in the Rittenhouse Square neighborhood of Philadelphia, PA. MSC represented the landlord of the property, an affiliate of Infinity Collective. FIGS, an apparel brand that sells scrubs and other products to healthcare professionals, will be the tenant for the space.
Steve Kassin, the managing partner of Infinity Real Estate, stated that he is “proud to have FIGS as the latest member of the Infinity Real Estate portfolio. With the concentration of healthcare professionals in Philadelphia, we know they will be tremendously successful here.”
Infinity Real Estate was represented by Jacob Cooper and Brittany Goldberg from MSC. “Our team was able to showcase the property in a competitive market, secure a best-in-class tenant and continue the amazing leasing activity on Walnut Street,” Cooper stated.
FIGS plans to open the location later in 2023.
About Infinity Real Estate
Infinity Real Estate focuses on property level debt and equity investments in select urban and suburban core locations with proximity to housing, amenities, jobs, and mass-transit hubs. The company was founded in 2005 by Steven Kassin and is headquartered in New York City with an office in Miami Beach. Infinity Real Estate has completed over 120 ventures, focusing on ground-up development, adaptive-use redevelopment, and the highly complex transformation of over 40 historically designated properties across five U.S. cities and the surrounding metro areas. By strategically navigating market conditions, fostering relationships, and exercising creativity, discipline and diligence, Infinity Real Estate perpetuates its consistent track record of successful investment results.
MSC is a curated aggregation of planners, artists, thinkers, deal-makers, restaurateurs, retail minds, analysts, and a whole lot of other trendsetters who are really good at what they love doing. While traditional brokerage is deeply embedded in its DNA, MSC prides itself on creating needle-moving value that goes well beyond the real estate transaction. Founded in 1989 and headquartered in Center City, Philadelphia, with offices in New York City and Los Angeles, MSC has worked tirelessly to earn its reputation as one of the most unique, creative and innovative retail brokerage & advisory services firms in the country.