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National Grid takes 87,000 s/f at Brookfieldʼs 2 Hanson Place

2 Hanson Place sits atop the Atlantic Terminal mall.

Brookfield Properties announced that National Grid has signed a 15-year, 87,000 s/f lease at 2 Hanson Place.

National Grid is designing a modern workspace at the building in response to the changing expectations of talent, with flexible workstations and zones for collaboration.

The energy giant will move into the 14-story Class A building and occupy the entire 11th and 12th floors by the end of 2020.

“An investment in our workspace is an investment in our people,” said Shri Madhusudhan, vice president of National Grid Property Services. “We are so excited to move into our new offices at 2 Hanson Place later this year.

“We embarked on a wide search for a new office that would best serve our employees and visitors and reflect our direction and evolution as a clean energy company. 2 Hanson Place was chosen with overwhelming support by our search team.”

Brookfield acquired the 400,000 s/f 2 Hanson Place office condominium atop the Atlantic Terminal shopping mall as part of its 2018 acquisition of a portfolio previously owned by Forest City Ratner.

Alireza Esmaeilzadeh, senior vice president of Asset Management and Leasing at Brookfield Properties, said, “With its acquisition by Brookfield, we are repositioning this Class A commercial asset to serve the needs of tenants looking for new, modern spaces.”

Cushman & Wakefield represented National Grid in its Brooklyn headquarters relocation to 2 Hanson Place. A team of brokerage professionals from the firm’s New Jersey, Manhattan and Brooklyn offices – led by James L. Frank, including Daniel Johnsen, Lawrence E. Wilks, Joseph Cirone, Patrick Dugan and Helen Paul – led the site search and negotiation.

Brookfield was represented in-house by Jesse Cooperman, Alex Liscio, Ross Hoddeson and Alireza (Ali) Esmaeilzadeh.

“This high-performance and sustainable workspace reflects the image and brand of a 21st century energy company that National Grid values,” said James L. Frank.

“Brooklyn today offers many appealing options for Class A space users. Following an exhaustive search, 2 Hanson Place was selected for its quality, image and location above the Atlantic Terminal.”

Located at the largest transportation hub in Brooklyn, the building features views of the harbor and is minutes away from the Barclays Center and the Brooklyn Academy of Music. Brookfield is planning to add shared amenity spaces to the building, including conferences and communal spaces.

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