News: Brokerage

King, Muessel and Lee of CPEX arrange two Brooklyn leases totaling 6,000 s/f

The CPEX New York Office Leasing team has completed two leases at 11 Wyckoff St. and 9201 Fourth Ave., respectively. At both locations, CPEX's office leasing team, consisting of managing partner Timothy King, managing director David Muessel, and associate director Yok Lee, represented the landlords in negotiating the lease agreements. The leases total 6,000 s/f. In Cobble Hill, the office leasing team rented 5,000 s/f to "Carmelo the Science Fellow" in a 15-year lease agreement. Located adjacent to the Court St. and Wyckoff St. intersection, one block away from the Bergen Street subway station, the space will house a science-based afterschool day care program. This will be the science program's second location, each of which is commonly referred to as "the Cosmic Cove." At 9201 Fourth Ave., CPEX placed the new medical practice of Dr. Lee Loewinger in a 1,000 s/f medical office space as part of a ten-year lease agreement. Located in Bay Ridge on the corner of 92nd St., the building also features a broad range of available office spaces ready for occupancy in a seven-story, garage-equipped commercial building. "The two leases reflect the continued strong growth within the Brooklyn marketplace," said Muessel. "CPEX is pleased to bring the expansion of one business and the introduction of another to two of Brooklyn's prominent neighborhoods."
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