TerraCRG executes 11,226 s/f lease with Datacubed in Brooklyn; Stahl Organization is landlord

October 06, 2020 - Front Section

Brooklyn, NY TerraCRG completed an 11,226 s/f lease at 384 Bridge St., downtown.

The tenant, Datacubed Health, a patient engagement and data collection company, signed a seven-year lease term for 11,266 s/f on the fourth floor with landlord, Stahl Organization. Datacubed is moving from their current space at Metrotech Center in the downtown area.

“Working with Stahl was a pleasure. They were understanding of Datacubed’s needs and helped take the deal to the finish line. The space at 384 Bridge is a great space for Datacubed’s current and long term needs.” said Caroline Pardo, managing director of office leasing at TerraCRG.

“Participating in the Brooklyn renaissance across tech, healthcare and new investments in real estate is incredibly exciting. And this lease affords the company the ability to grow its footprint and the opportunity to double its size with additional hires,” said Datacubed chairman and NYU professor of neuroscience, Paul Glimcher, M.D. “We are proud to provide mobile technology solutions that improve healthcare for patients across the globe. We are honored and privileged to remain a key part of the Brooklyn community as we build our team of engineers, scientists, and product/project leaders in the region.”

TerraCRG represented the tenant and the landlord represented themselves. This is the second deal TerraCRG has executed with Stahl Organization during the COVID-19 pandemic, the first of which was at 384 Bridge St. for Forestdale Inc., who signed a five-year lease for 6,092 s/f.

Tags:

Comments

Add Comment


More from the New York Real Estate Journal