News: Brokerage

CBRE leases 4,456 s/f at Monadnock's 300 Huntington St. building

Brooklyn, NY In a transaction arranged by CBRE, Cranial Technologies has inked a 4,456 s/f office lease at Monadnock Development’s newly constructed headquarters building at 300 Huntington St. in Gowanus.

The CBRE team of Patrick Dugan, Joseph Cirone, and Jesse de la Rama spearheaded the office leasing campaign for 300 Huntington St. and represented the ownership in the negotiations. Joe Speck and Chad Poff of Colliers represented Cranial Technologies.

Since its completion last year, the Class A office property has experienced success attracting retailers on the ground floor, while Cranial Technologies, the world’s leading non-surgical provider for the treatment of plagiocephaly (flat head syndrome) in babies, is the property’s newest office tenant. The clinic will open its first location in Brooklyn and will occupy part of the sixth floor of 136,000 s/f building designed by Dattner Architects and Bernheimer Architecture.

“This commitment by Cranial Technologies, a national company with more than 100 clinics, speaks to the high-quality office space, highly curated amenities, and ideal location of 300 Huntington Street, a brand new building located at the nexus of Gowanus, Carroll Gardens, Park Slope, and Red Hook,” said Dugan. “We look forward to continued success with the pre-built space and full floor office availabilities as we target companies like Cranial Technologies, who believe in putting their employees first.”

Monadnock Development has had success in attracting retail tenants to the property, as JLL’s George Danut and Ryan Condren have signed four leases totaling nearly 13,000 s/f on the ground floor retail space. Breukelen Athletic, a premier strength and recovery gym, signed the largest lease of 7,131 s/f. School of Rock, a musical academy franchise, has leased 2,860 s/f, while Brooklyn Granary & Mill, a whole grain stone mill and bakery, has taken 1,096 s/f. Most recently, MakeInspires, dedicated to fostering lifelong learning skills through K-12 and adult STEAM-focused classes, has leased 1,820 s/f.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account