Kiehl's Signs 10-Year Lease For Retail Space At 193 Bedford Avenue Williamsburg Brooklyn

The property involved in this transaction is a retail asset located at 193 Bedford Avenue in Williamsburg, Brooklyn. The lease covers a space of 1,350 square feet with an asking rent of $395 per square foot. The asset is notable for being the first location of Kiehl’s in the neighborhood, replacing a previous tenant, Dr. Martens. The lease term is set for 10 years, with the store expected to open in fall 2026.

This transaction featured key stakeholders including Deegan Management as the landlord and Kiehl’s as the tenant. The landlord's representatives were Jordan Cohen, Brett Brownstein, and Garry Steinberg, associated with Lee & Associates NYC, while the tenant was represented by Joe Hudson and Duane Davis from CBRE.