Square Design Signs 5-Year Lease For 24000-SF Office At 220 36th Street In Park Slope

The property asset involved is located at 220 36th Street in the Park Slope market. This office space spans 24,000 square feet and has an asking rent of $22 per square foot. The lease term for this property is set for 5 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $22/ft
• Lease Term: 5-year
• Landlord: Glenn Siegel - Belvedere Capital, Jamestown, Angelo Gordon & Co.
• Tenant: Square Design

Square Design is relocating its headquarters from Park Slope to this new space to expand its fabrication and design operations for 20 employees. The transaction reflects a strategic move to support the company's growth initiatives.