Digital Brands Group, Inc. 10-K

ITEM 2. PROPERTIES We currently lease approximately 49,198 square feet of office and showroom spaces in the states of California, Dallas, Texas and Louisiana, United States, with leases that expire through 2023. We believe that our existing facilities, will be sufficient for our needs for the foreseeable future. The following table sets forth information with respect to our facilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ Square ​ ​ ​ ​ ​ Footage ​ Lease Location ​ Type ​ (approximate) ​ Expiration Vernon, California Corporate Warehouse and Distribution Center 42,206 2023 Los Angeles, California Showroom 2,000 2020 (1) Austin, Texas Interim Corporate Headquarters 500 2021 (2) Dallas, Texas Office Space and Showroom 2,860 2022 Houston, Texas Showroom 1,117 2024 New Orleans, Louisiana Showroom 1,015 2024 (1) Bailey’s lease for its showroom in Los Angeles, California expired on May 31, 2020. The lease is now a month-to-month lease. (2) We are currently leveraging shared office space and working remotely as we work with an agent to secure long-term office space in Austin, TX for our corporate headquarters. ​ 30 Table of Contents