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.

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