Nagel of KDA represents Atlantic Redemption in 5,000 s/f lease; Unger of KDA represents owner, Halsey Properties

Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a new, 5,000 s/f lease for Atlantic Redemption & Recycling Center at 1830 Atlantic Ave., the 200,000 s/f former Halsey Drug Company manufacturing facility in the Downtown/Crown Heights section of the city. Kalmon and Neil Dolgin, co-presidents of Kalmon Dolgin Affiliates, made the announcement. Jeffrey Unger, of KDA, represented the owner, Halsey Properties, while Beryl Nagel of KDA represented the tenant, Atlantic Redemption & Recycling Center, in the deal. KDA is the exclusive broker for 1830 Atlantic Ave., which is now 100% leased. KDA has been the exclusive broker at 1830 Atlantic Ave. for the past two years, during which the firm has arranged 40,000 s/f in leases. KDA uses its strong knowledge of the market and Brooklyn neighborhoods to quickly fill the property when vacancies arise. With the improvement of the economy and the high volume of residential development throughout Brooklyn, industrial space is in high demand. "We are proud to announce that 1830 Atlantic Ave. has been brought to 100% occupancy," said Unger. "The full lease-up of the property is a testament to KND's skilled management team, which has extensive experience in repositioning former manufacturing facilities for multi-tenant use." The recycling redemption center will take 5,000 s/f in the one-story industrial property. The building offers high ceilings, direct loading and heavy power. The multi-tenanted property is managed by KND Management - the management arm of KDA. The complex consists of over 250,000 s/f of buildings and spans over three blocks on Atlantic Ave., between Utica and Buffalo Aves., and offers access to the A and C subway lines and the Nostrand Ave. Long Island Railroad station. It is located minutes from downtown and the new Barclays Center.