Cresilon Leases Mixed-Use Space At 220 36th Street Brooklyn From Industry City For 10 Years

A mixed-use asset located at 220 36th Street in Brooklyn has recently been leased, featuring a total square footage of 55,000. The asking rent for this property was set at $36 per square foot. The lease agreement consists of a single net lease with a term of 10 years.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $36/ft
• Lease Term: 10 years
• Lease Type: Single Net Lease
• Address: 220 36th Street
• Market: Brooklyn
• Landlord: Industry City
• Tenant: Cresilon
• Landlord's Rep: Jeff Fein - Industry City
• Tenant's Rep: Joshua Pernice - CBRE

The transaction involved key representatives including Jeff Fein, who represented the landlord, Industry City, and Joshua Pernice, who acted on behalf of the tenant, Cresilon, through CBRE. Their roles were crucial in facilitating this lease agreement in the mixed-use market of Brooklyn.