Queen One Signs 10-Year Lease For 29,718 Square Feet Office At 25 Kent Avenue Brooklyn

The office asset located at 25 Kent Avenue in Williamsburg, Brooklyn, encompasses a total space of 29,718 square feet. The transaction involves a lease agreement, which underscores its utilization as an office space within this vibrant market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 25 Kent Avenue
• Market: Williamsburg, Brooklyn
• Landlord: Eyal Ofer - Global Holdings Management Group & David Rubenstein - Rubenstein Partners
• Tenant: Maricor Resente & Ryan Urban - Queen One
• Landlord's Representative: Alexander Radmin & Craig Panzirer - Global Holdings Management Group; Jordan Gosin, Ryan Gessin & William Grover - Newmark
• Tenant's Representative: Scott Bogetti & William Demuth - Savills

Queen One, which is a newly launched tech company, aims to employ 600 people over the next five years while leveraging $6 million in state tax credits in relation to this lease agreement. The notable figures behind the tenant's founding are Maricor Resente and Ryan Urban, who are central to the company's development and strategic direction.