Burlington Stores Inc Signs 10-Year Lease At 25 Navy Street Brooklyn Navy Yard

The retail asset located at 25 Navy Street spans 31,717 square feet and is situated in the Brooklyn Navy Yard market. The property is part of the Admirals Row campus and is expected to enhance the area with retail offerings. Burlington Stores Inc has committed to a long-term lease for this space.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 25 Navy Street
• Market: Brooklyn Navy Yard
• Lease Terms: 10 years
• Landlord: Doug Steiner - Steiner NYC
• Tenant: Michael O’Sullivan - Burlington Stores Inc
• Landlord's Representative: Jason Pennington & Benjamin Weiner - Ripco
• Tenant's Representative: Clifford Simon - CNS Real Estate

Burlington Stores signed a lease for the location with an opening planned for fall 2027. The transaction involved key representatives from both the landlord and the tenant, ensuring the lease aligns with the strategic objectives of each party involved.