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Cresilon Expands Headquarters At 220 36th Street Brooklyn Under 10-Year Lease With Industry City

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LEASED
Jeff Fein
+ 1

New York

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Office28,000 SF
Leased 06/04/2025
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Property Image
LEASED

Cresilon Expands Headquarters At 220 36th Street Brooklyn Under 10-Year Lease With Industry City

220 36th Street

See Similar Deals
Office28,000 SF
Leased 06/04/2025
Jeff Fein
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:28,000 SF
Transaction Type:Lease

The asset involved in this lease transaction is an office space located at 220 36th Street in Brooklyn, encompassing 28,000 square feet. This property is situated in a market known for its growing demand for office space. The lease arrangements signify a notable commitment to the area, accommodating the tenant's need for expansion.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 220 36th Street
  • Market: Brooklyn
  • Square Footage: 28,000
  • Landlord: Matt Bronfman - Jamestown, Glen Siegel - Belvedere Capital, Avi Schron - Cammeby’s International, FBE Limited & Adam Schwartz - TPG Angelo Gordon
  • Tenant: Joe Landolina - Cresilon
  • Landlord's Representative: Jeff Fein - Industry City
  • Tenant's Representative: Joshua Pernice - CBRE

This lease transaction marks Cresilon's significant expansion in Brooklyn’s Industry City, where the company increased its occupancy from 27,000 square feet to 55,000 square feet across Buildings 5 and 6 with a commitment to a 10-year lease.

Players

JP
8 deals
BROKER


Matt Bronfman
Jamestown
12 deals$495.5M volume
LANDLORD

TPG Angelo Gordon
LANDLORD

2 deals
LANDLORD



Details

LEASED
IMAGE: Matt Bronfman, Glen Siege, Avi Schron, Josh Baumgarten, Adam Schwartz, Isaac Miller, Joe Landolina, Jeff Fein & Joshua Pernice DATE: 06/04/2025 ADDRESS: 220 36th Street MARKET: Brooklyn ASSET TYPE: Office ~ SF: 28,000 LANDLORD: Matt Bronfman - Jamestown (@Jamestown.LP), Glen Siegel - Belvedere Capital, Avi Schron - Cammeby’s International, FBE Limited & Adam Schwartz - TPG Angelo Gordon TENANT: Joe Landolina - Cresilon LANDLORD'S REP: Jeff Fein - Industry City (@IndustryCity) TENANT'S REP: Joshua Pernice - CBRE (@CBRE) NOTE: Cresilon doubled its footprint at Brooklyn’s Industry City, expanding its headquarters and lab space from 27,000 to 55,000 square feet in Buildings 5 and 6 under a 10-year lease. -Cresilon ,BelvedereCapital,Cammeby’sInternational,FBELimitedandTPGAngeloGordon

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Deal Type
Effective Rent (Annual)

$1,604,943.10

Total Lease Value

$16,049,431.04

Net Landlord Cash Flow$1,604,943.10