Beyond Reach Labs Inc Leases 15,780 SF Industrial Space At 4014 1st Avenue Brooklyn

The asset involved in this lease transaction is located at 4014 1st Avenue in Brooklyn. It is an industrial property with a total square footage of 15,780. The modified gross lease has been established between Industry City as the landlord and Beyond Reach Labs, Inc. as the tenant.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not Disclosed
• Address: 4014 1st Avenue
• Market: Brooklyn
• Landlord: Industry City
• Tenant: Beyond Reach Labs, Inc.
• Landlord's Rep: Nick Shears & Brad Blum - Industry City
• Tenant's Rep: Jeremy Liebler & James Ferrigno - JLL
• Lease Type: Modified Gross Lease

Beyond Reach Labs, Inc., which is developing next-gen solar arrays for satellites, has secured its new headquarters at Industry City. The tenant was advised by JLL on its search and lease negotiation, allowing the company to have room for scaling manufacturing while bringing space-grade solar technology to market.