DearU Signs Lease For First U.S. Store At 24 Union Square East In Manhattan

The retail asset located at 24 Union Square East in Manhattan encompasses a total area of 9,932 square feet. The landlord for this property is S. Klein Family LLC, with the tenant being DearU, known for its establishment "Bubble House New York." This marks DearU's first permanent U.S. brick-and-mortar store.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 24 Union Square East
• Market: Manhattan
• Landlord: S. Klein Family LLC
• Tenant: DearU (Bubble House New York)
• Brokers: Jeffrey Roseman & Drew Weiss - Newmark

Jeffrey Roseman and Drew Weiss from Newmark acted as brokers in this lease transaction, facilitating the agreement between S. Klein Family LLC and DearU. This operation not only represents the leasing of a significant retail space in Manhattan but also highlights the entry of DearU into the U.S. market.