Over the last several years, the Brooklyn office market has been undergoing a remarkable transformation. Local and national Tech and Creative firms have been targeting Brooklyn to be close to the new talented work force.
The Industrial/Office asset class is one of the most dynamic and fastest growing categories in Brooklyn. Companies from around the world are choosing to open in Brooklyn to be closer to the talented and growing employee base in the borough.
2015 Avg Sale Price: $9.02m
Average Sale Price by Region
- Bed-Stuy/Bushwick/Crown Heights $8.49m
- Central Brooklyn $2.19m
- East Brooklyn $4.19m
- Greater Downtown Brooklyn $31.65m
- North Brooklyn $8.3m
- South Brooklyn $1.65m
- West Brooklyn $8.25m
80 Hudson Avenue Case Study
TerraCRG’s Ofer Cohen, Melissa Warren, Dan Marks, Peter Matheos, Mike Hernandez, and Joey Terzi were the sole brokers in the lease of the free-standing loft building at 80 Hudson Avenue.
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