Luckin Coffee Leases Retail Space At 901 8th Avenue From Regal Ventures For $144/ft

The retail asset involved in this transaction is located at 901 8th Avenue in the Theater District. The property has a size of 1,000 square feet and an asking rent of $144 per square foot. This lease type is classified as a Retail Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $144/ft
• Square Footage: 1,000
• Address: 901 8th Avenue
• Market: Theater District
• Landlord: Rob Kaplan - Regal Ventures
• Tenant: Luckin Coffee
• Landlord's Representatives: Corey Zolcinski & Matin Bikdeli
• Tenant's Representatives: David Green & Albert Halawani - KSR

This transaction involved notable individuals and their respective companies, with Rob Kaplan representing Regal Ventures as the landlord and David Green & Albert Halawani representing the tenant, Luckin Coffee. The negotiation was supported by the landlord's representatives, Corey Zolcinski and Matin Bikdeli, ensuring all parties were well-represented in the deal.