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New York & Tri-State  + Outer  + Industrial  | 

Biotech Pioneer Cresilon Doubles Headquarters Space at Industry City

Industry City, the six-million-square-foot mixed-use campus in Brooklyn’s Sunset Park neighborhood, announced that pioneering biotechnology company Cresilon signed a 55,000-square-foot, 10-year expansion lease for its U.S. headquarters and lab space, more than doubling from 27,000 square feet. Additionally, therapeutic discovery company Rumi Scientific signed a five-year, 6,510-square-foot lease at Building 4 for its R&D lab, relocating from the New York Blood Center.

“Cresilon’s expansion at Industry City is especially rewarding because it reflects a years-long partnership supporting their growth and ensuring they have the right space to scale,” said Jeff Fein, SVP of leasing at Industry City. “With Rumi Scientific joining the campus, we’re excited to build a similar partnership and further grow an ecosystem where biotech innovators thrive alongside like-minded peers in a supportive, future-focused environment.”

Fein represented the landlord in the Cresilon deal; CBRE VP Josh Pernice represented Cresilon. Fein and VP of leasing Nick Shears represented ownership in the Rumi Scientific deal. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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