Studio Solid Leases Industrial Space In Bushwick For 5-10 Years

The industrial property located at 114 Forrest Street in Bushwick, Brooklyn, was leased to Studio Solid. The lease encompasses the entire ground floor of a 32,000 square foot loft building, with a lease term of 5-10 years and an asking rent of $28 per square foot, totaling 7,800 square feet.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 114 Forrest Street
• Market: Bushwick, Brooklyn
• Landlord: Joel Waldman - Bushwick 2 Lofts
• Tenant: Studio Solid
• Brokers: Max Lu & Jamie Pelletier - M2 CRE
• Asking Rent: $28 per square foot
• Lease Type: Modified Gross Lease
• Lease Term: 5-10 Years

M2 CRE, represented by Max Lu & Jamie Pelletier, served as the exclusive landlord's agent for this transaction. The space, previously occupied by a Covid test center until 2021, remained vacant until Studio Solid secured the lease near the asking rent.