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Two Trees building a new community of creative business types in DUMBO.

Two Trees Management announced that 14 new tenants, representing a mix of graphic design, marketing and advertising companies, have recently signed leases in DUMBO, totaling over 24,000 s/f.

The with high ceilings, large windows, river views and spacious lobbies in the office spaces at 45 Main Street, 55 Washington Street and 20 Jay Street continue to attract creative tenants, according to Caroline Pardo, director of leasing for Two Trees Management Co.

"Creative design agencies are drawn to the aesthetic and artistic culture of DUMBO, anchored by a thriving business and retail community," said Pardo. "Our office spaces offer rents that are much lower than in Manhattan, making DUMBO a great choice for space."

At 45 Main Street, Mammoth Advertising, LLC, a full-service entertainment marketing agency, signed the largest lease for 4,616 s/f for three years. Other tenants new to 45 Main Street include marketing companies, FSL Media, Inc., and Ologie LLC; and graphic design firms LLC, Riss Design LLC, Strut NYC, Ltd, Freshthrills, LLC and Smoke Creative, LLC.

At 55 Washington Street, the last available 853 s/f office space on the newly renovated seventh floor has been leased to brand design firm Ingredient, Inc, completing the leasing of the total 21,527 s/f of available space. Marketing firm D.L. Ryan Companies; and digital marketing company Web Liquid US, LLC, are also among the tenants new to 55 Washington Street.

The digital media firm Brooklyn Digital Foundry, signed a five-year, 2,382 s/f lease for the new penthouse space at 20 Jay Street. Caroline Pardo represented Two Trees Management in all of the transactions. Laki Latinka Igrutinovic of City Connections Reality Inc. represented LLC, and Riss Design, LLC, while all other tenants represented themselves in their respective deals.
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Title Annotation:LEASES
Comment:Two Trees building a new community of creative business types in DUMBO.(LEASES)
Publication:Real Estate Weekly
Date:Oct 15, 2008
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