News: Brokerage

Turnbridge Equities leases 52,100 s/f to Sky Zone

2350 East 69th Street - Brooklyn, NY

Brooklyn, NY Sky Zone has signed a long-term lease for 52,100 s/f at single-story warehouse 2350 East 69th St. in the Bergen Beach section of the city for a new indoor trampoline park, according to Ryan Nelson, managing principal of Turnbridge Equities, the landlord of the building.

Sky Zone was represented by Josh Gosin and Jordan Gosin of Newmark Knight Frank. Turnbridge represented itself in the transaction.

“This lease underscores the growing and diversified demand for strategically located, urban industrial properties,” said Nelson.  “We continue to see tremendous leasing demand both from traditional warehouse and distribution users, as well as from different sectors of New York City’s diversified economy that require warehouse use.  Sky Zone will be a great addition to the neighborhood, offering top notch, children’s entertainment for the thousands of families in Brooklyn and for non-Brooklyn visitors.” 

Sky Zone will take occupancy this summer.

2350 East 69th St. is one of eight industrial assets owned by Turnbridge in the New York City metropolitan area. Turnbridge acquired the property last year. It is leased to Match Point NYC, whose lease is expiring.

Sky Zone is the premier leader in indoor active entertainment in the United States. The Sky Zone family includes 200 parks in more than 90 markets.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional