Tech firm leases more than 20K sf in DoBro’s Pioneer building
Blue State Digital is moving to neighborhood from its current office in Soho
Tech firm Blue State Digital is leaving Soho for DoBro.
The company, which specializes in online fundraising and social networking, has inked a 21,000-square-foot lease in the Pioneer Building at 41 Flatbush Avenue, according to landowners Quinlan Development Group and Building and Land Technology. It will be moving there from its current New York office and global headquarters at 101 Avenue of the Americas.
The real estate investment firm Merit Hill Capital also recently inked a lease in the building for 4,200 square feet.
Quinlan and BLT would not disclose the length and asking price of the leases but said they were both long term. They were represented by Cushman & Wakefield, while Blue State was represented by CBRE, and Merit Hill was represented by TerraCRG.
Quinlan and BLT bought the Pioneer Building, a former storage facility, in 2015 for $90 million. They have since completed $30 million worth of renovations at the property, which stands 10 stories tall and spans 270,000 square feet.
Other companies that have recently leased space at the building include Gimlet Media, which took 27,000 square feet, and the flexible workspace provider Spaces, which took 31,000 square feet.