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Deals & Dealmakers

Cushman & Wakefield relocates to Brooklyn HQ

Cushman & Wakefield has signed a 10-year lease to relocate its Brooklyn office to One Pierrepont Plaza in Brooklyn Heights

The firm will relocate from 205 Montague Street to occupy 15,115 s/f on ninth floor of the 19-story tower. The office will house professionals across several service lines, including retail and office leasing as well as investment sales, said the company.

The Cushman team of Jonathan R. Serko, Joseph Caridi and Betty Castro were involved in securing the lease on behalf of the firm. Alireza Esmaeilzadeh, senior vice president at Forest City Ratner, represented the landlord in-house.

“Cushman & Wakefield’s new home at One Pierrepont Plaza reflects the company’s long term commitment to Brooklyn, and its goal of further strengthening its position as a market leader in the borough,” said Serko.

“The space will be designed with an open layout to foster collaboration, which is what enables our firm to thrive — teams of the most talented professionals in the industry working together to drive results for our clients.

“We’d like to thank MaryAnne Gilmartin and Alireza Esmaeilzadeh for assisting us throughout this relocation process – it was a pleasure to work closely with these industry experts.”

MaryAnne Gilmartin, president and CEO of Forest City Ratner Companies, said, “We are excited to welcome Cushman and Wakefield to One Pierrepont Plaza. This firm knows real estate and we are proud that they chose One Pierrepont as their Brooklyn headquarters.”

When it opened in 1988, One Pierrepont Plaza was the first new office buildings built in Brooklyn in a quarter of a century.

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