Pink Sparrow Leases 62,000 SF Industrial Space At 30-10 Review Avenue Long Island City

The property involved in this lease transaction is an industrial asset located at 30-10 Review Avenue in Long Island City. The leased space spans 62,000 square feet and the asking rent was $30 per square foot. The landlord of the property is Oriole Realty Corp, and the deal has been formalized under a Single Net Lease arrangement.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $30/ft
• Square Footage: 62,000
• Address: 30-10 Review Avenue
• Market: Long Island City
• Landlord: Oriole Realty Corp
• Tenant: Pink Sparrow
• Landlord's Representative: Paul J. Yuras & Paul Cianciaruso - DY Realty Group
• Tenant's Representative: Ryan Gessin & Drew Wiley - Newmark
• Lease Type: Single Net Lease

Pink Sparrow, an experiential design and fabrication company affiliated with the Acceleration Community of Companies (ACC), has moved its New York headquarters from Greenpoint, Brooklyn, to this larger facility, indicating a strategic expansion within the market.