Two Trees Mgmt. closes over 27,000 s/f in leases

According to Two Trees Management, over 27,000 s/f of prime office space at 45 Main St., 55 Washington St., and 20 Jay St., has been leased to an array of web-related companies including web publishers, website and software designers, Internet consultants and new media outlets. "These new web-based companies continue to add to the strength of our innovative DUMBO business community," said Caroline Pardo, director of leasing for Two Trees. The largest of these leases, for a 4,763 s/f space at 45 Main St., was signed by Restore Media II, LLC, a media company specializing in publications, websites and tradeshows regarding the construction of buildings. Other companies new to 45 Main St. include: Innovation, Inc.; Choice Trading Network; Life Booker; Jewcy Partners LLC; Publishing Dimensions LLC; and Dealnews.com. At 55 Washington St., Future Now Inc., a software development and product licensing consulting firm, signed a three-year lease for 3,136 s/f. Also in 55 Washington, Pontiflex Inc., an Internet software developer, signed a 2,530 s/f lease, and OmniTI Computer Consulting, Inc., an Internet consulting firm, signed for 1,629 s/f. New to 20 Jay St. are Freedom Interactive Design Corp., a company that designs websites and Outside.in Inc., a company that runs a real estate related website. Leases were signed for 2,987 s/f and 2,458 s/f, respectively. Two Trees Management Co. owns most of the Brooklyn neighborhood of DUMBO ("Down Under the Manhattan Bridge Overpass") as well as significant properties in the Downtown Brooklyn, Brooklyn Heights, Cobble Hill, Boerum Hill area. The company's holdings include 13 buildings and the second largest portfolio of commercial space on the Brooklyn waterfront, which spans 3 million square feet.