The New York State Office Of Court Administration Leases Office Space In Downtown Brooklyn

The New York State Office of Court Administration has signed a lease for 27,304 square feet of office space at 1 Willoughby Square in Downtown Brooklyn. The lease term is set for 21 years. The property, owned by JEMB Realty, is located in the Brooklyn market. The asking rent for the space was $70 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not specified
• Address: 1 Willoughby Square
• Market: Brooklyn
• Landlord: JEMB Realty
• Tenant: The New York State Office of Court Administration
• Asking Rent: $70 per square foot
• Lease Term: 21 years

The lease agreement was made between JEMB Realty, the landlord, and The New York State Office of Court Administration, the tenant. The New York State Office of Court Administration will occupy the 27,304 square feet of office space in 1 Willoughby Square. The lease was secured at an asking rent of $70 per square foot for the office space.