Brookfield Properties has snared a major tenant at downtown Brooklyn’s Two Hanson Place — energy firm National Grid, which signed for 87,000 square feet.
If you don’t know “Two Hanson Place,” it’s the 400,000-square-foot office condominium on top of the Atlantic Terminal shopping mall near Barclays Center.
Brookfield acquired it as part of its 2018 purchase of a portfolio previously owned by Forest City Ratner. (The stores are separately owned by Madison International Realty.)
Clean-energy firm National Grid will move into the 11th and 12th floors by the end of the year. The company is keeping its current space at One Metrotech Center as well.
The building’s other major tenants, HSBC and Bank of New York, take up so much space there, “The market doesn’t really know the building,” said Brookfield SVP Ali Esmaeilzadeh.
News of the National Grid deal is “a very good way to introduce the property,” Esmaeilzadeh said. Asking rents are in the high $50s to low $60s per square foot.
National Grid VP Shri Madhusudhan called the new location “ideal with unparalleled access to transportation and all the benefits that come with being in the heart of downtown Brooklyn.”
2020-02-11 03:13:00Z
https://nypost.com/2020/02/10/brookfield-properties-snags-energy-firm-national-grid-as-new-tenant/
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