Edun Americas, the ethical fashion brand established by Ali Hewson and her husband Bono in 2005, will expand its New York City operations when it relocates to new 8,600-square-foot offices at 107 Grand Street this coming September.
“This is an important move for Edun,” said Studley’s Zev Holzman, managing director, who represented the clothing company in the transaction. “Not only were we able to able to execute a transaction in an extraordinarily tenant favorable market, but the move to Edun’s new space in Soho coincides with the re-launch of the Edun brand, with its new partner LVMH.
Formerly based in 5,000 square feet at 86 Franklin Street, Edun will take occupancy of the entire third floor of the eight-story building at the south-east corner of Grand Street, owned by Man Yun Real Estate, in September.
In addition to Mr. Holzman, Casey Lewis, associate, represented Edun Americas in the transaction. Christopher Owles, principal of Sinvin Realty, the building’s agent, along with director, Trisha Jerry, represented the landlord. “We’re very pleased to have such an exciting brand join the building’s tenant roster,” said Mr. Owles.
Attorneys were Stewart Stern Esq., of Stern, Tannenbaum & Bell for Edun Americas and Edward Bullard, Jr. Esq. of Westerman, Ball, Ederer, Miller & Sharfsterin, for Man Yun Real Estate.
Studley is the only global tenant advisory firm with a pure tenant representation delivery platform. Founded in 1954, Studley pioneered this conflict-free business model. Today, with 19 offices nationwide and an international presence through its London office and AOS Studley throughout Europe, Studley provides strategic real estate consulting services to top-tier corporations, law firms, nonprofits, government agencies and institutions of higher education. Information about Studley is available at www.studley.com.