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

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.