Newmark Facilitates Williamsburg Lease for Growing Coworking Company

February 3, 2025 9:00 AM

Newmark announces the firm has arranged a 10,000-square-foot lease for Blue Panda Office Spaces at 134 Broadway in Brooklyn, New York. Newmark Managing Director Ryan Gessin and Associate Director William Grover represented landlord Nassimi Realty in lease negotiations.

“This transaction reflects the continued shift of the North and South Williamsburg border, which has been largely driven by the success of projects like 10 Grand Street, The Domino Sugar Refinery, The Moxy Hotel, and others,” said Kevin Nassimi, a Principal of Nassimi Realty. “134 Broadway is an ideal location, offering Blue Panda Office Spaces the opportunity to expand its footprint in one of Brooklyn’s most vibrant neighborhoods.”

Blue Panda offers flexible office solutions to growing companies, largely in the healthcare and wellness sector, throughout Williamsburg and Greenpoint, Brooklyn. 134 Broadway will be the company’s fifth location, offering thoughtfully designed, soundproofed spaces combining professionalism, serenity and scalability for growing businesses. The space is slated to open this spring.

Originally built in 1901, 134 Broadway has been completely renovated to house boutique, full-floor offices with high-end finishes and modern amenities. The six-story building is located at Broadway and Bedford Avenue in Brooklyn, in the heart of Prime South Williamsburg and just blocks from the Williamsburg Bridge. Francie, a Michelin-star restaurant, is also located within the building. Ownership will now be solely focused on leasing efforts for the top two floors of the building, which includes a large private roof deck with views of the Manhattan skyline.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

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