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Jones Lang to sell Takashimaya building

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Japanese retailer Takashimaya has tapped Nat Rockett, a managing director at Jones Lang LaSalle, to sell the building that houses the department store, 693 Fifth Avenue between 54th and 55th streets. The store is set to close in June. The 100,000-square-foot, 20-floor building, in which Takashimaya occupies eight floors for its retail operation and offices, offers retail and office space. Formal marketing of the site hasn’t been launched.

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JLLNat RockettTakashimaya