Brooklyn Office Leasing Guide

Brooklyn Office Leasing

The Brooklyn office leasing market has never been stronger and with several large scale new development projects approaching completion the borough is about to get several new high profile major office buildings to add to its office inventory. Two Trees Domino Sugar Factory office conversion currently under construction is the largest scale office site mega project currently in the works in the Brooklyn. This project will transform the office landscape of Williamsburg.
Brooklyn Office Leasing
Currently the neighborhoods with the largest amount of office space in Brooklyn are Dumbo, Downtown Brooklyn, Williamsburg, Gowanus, and Sunset Park.

  • Dumbo is anchored by the three major Two Trees buildings, 45 Main Street, 55 Washington Street, and 20 Jay Street. However another major NYC estate family recently made a sizable mark on Dumbo’s office market as well when the Kushner family bought the old Watch Tower building along with several additional buildings from the Jehovas Witness’ and created the sub neighborhood of Dumbo Heights where they’ve created an impressive “Tech Campus” that largely caters to tech and media tenants.  Another recent addition to Dumbo’s office market is the super-stylized 10 Jay Street developed by Triangle Assets.

Brooklyn Office Leasing Guide

  • Downtown Brooklyn also has a substantial supply of office space with many of the older and best known buildings being the Court Street buildings; 16 Court Street, 32 Court Street, 44 Court Street, and 50 Court Street. For many decades these buildings have largely served the court system with many law firms and courts services tenants with the court house right across the street. However recently tenancy has begun to shift and many new TAMI (Tech, Advertising, Media, Information) tenant’s starting to take office spaces in the Court Street buildings as well as the many other Downtown Brooklyn office buildings.

 

  • Williamsburg is a very popular office neighborhood with many TAMI and creative tenants looking to have their offices in this trendy hip neighborhood. However Williamsburg actually has a scarcity of available office space. However this is about to change with the opening of the Domino Sugar Factory office development at 316 Kent Ave, 200 Kent Ave, and 25 Kent Ave. Kent Ave is about to become the hottest office corridor in Brooklyn.

Brooklyn Office Leasing Guide

  • Gowanus office space has suddenly become a hot commodity in Brooklyn. Gowanus which was previously best known as superfund site due to the Gowanus Canal has had a renaissance. The neighborhood has changed drastically and it has become a hot spot for creative / TAMI tenants looking for office space. Gowanus also a fair number of warehouses many of which have been converted to office space. And if you walk around Gowanus today this once quiet industrial neighborhood has become cool trendy place with lots of great bars and restaurants and an exciting office community as well.

 

  • Sunset Park is another neighborhood that has seen drastic transformation in the last 5 to 10 years. Industry City, one of the largest and most ambitious office developments in all New York City has transformed Sunset Park from a once mostly industrial neighborhood to one that is teaming with a wealth of creative tenants along with light industrial tenants, and locally sourced food producing tenants as well. Walk through the Industry City campus and you’ll find a unique mixture of tech companies, artists, film & tv production, locally produced breweries, and distilleries and great home grown Brooklyn restaurants as well. And if all that weren’t enough Industry City also boats very competitive low rents as well.

 

Brooklyn is an exciting creative and professional neighborhood with many great opportunities for local New York City business’. To learn more about leasing Brooklyn office space please contact Corbett & Dullea Real Estate. We know Brooklyn and would love to help in you in Brooklyn office space search.

New York City Warehouse Leasing Guide

New York City Warehouse Leasing

warehouse leasing industry
New York City has a booming. The internet economy has catapulted the industrial warehouse industry forward to be one of the leading performing real estate sectors in the country. E-Commerce has generated a tremendous need for a robust supply of Last Mile warehouse locations.
If you’re a business looking to lease warehouse space in New York City then you should have a comprehensive understanding of the current state of the industrial space market in New York City.
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The boroughs with the most warehouse space in New York City are Brooklyn and Queens, then followed by The Bronx and Staten Island.
i) The neighborhoods in Brooklyn with the most warehouse / industrial space are Williamsburg, East Williamsburg, Bushwick, Greenpoint, The Navy Yard, Dumbo, Gowanus, Red Hook, Sunset Park, East New York, and Canarsie.
ii) The neighborhoods in Queens with the most warehouse / industrial space are Long Island City, Maspeth, Woodside, Ridgewood, Jamaica, Ozone Park, Flushing, and College Point.
iii) The Bonx has a fair amount of warehouse space evenly distributed from the South Bronx, Central Bronx and all the way up through Northern Bronx, however The South Bronx and Hunt’s point tend to have the largest number of available warehouse spaces.
iv) Much of Staten Island’s warehouse space can be found in its ports along the coast.

If you’re looking to rent warehouse space in New York City’s two largest industrial markets, Brooklyn and Queens then you’ll commonly be looking at asking prices from $20 to $30 per square foot.
Some important things to look out for in determining your next warehouse location is how much power does the warehouse have, whether there is a loading dock or a drive in gate, how high are the ceilings, and how close you are important highways and roadways along with how close you are the public transportation.

At Corbett & Dullea Real Estate we work with many different types of business’ in search of warehouse space to lease in New York City;  E-Commerce, TV / Film Studios, Fabrication, Fulfillment  & Distribution, Wholesalers, Moving Companies, General Contractors, Storage, and many other business’ too in search of warehouse / industrial space to rent in New York City. At Corbett & Dullea we can help you find the perfect warehouse location for your business.