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Cushman and Wakefield arrange renewal leases for Merit Hill and Wells Fargo in Brooklyn’s Pioneer building.

Merit Hill, Wells Fargo Renew at Brooklyn’s Pioneer Building

Cushman & Wakefield arranged a lease renewal and a lease expansion totaling 17,416 square feet at the Pioneer Building, 41 Flatbush Ave. in Brooklyn. Real estate firm Merit Hill Capital expanded to 12,812 square feet, while Wells Fargo renewed for 4,604 square feet. 

Cushman & Wakefield’s Ron Lo Russo, Remy Liebersohn and Pierce Hance, along with CBRE’s Joseph Cirone, represented the landlord, a partnership between Quinlan Development Group and Building and Land Technology, in both transactions. 

“We are thrilled that Merit Hill Capital and Wells Fargo are renewing their commitments to the building,” said Lo Russo. “Both tenants will benefit from the building’s highly accessible location in the heart of Downtown Brooklyn within walking distance to numerous subway lines.” 

The Pioneer Building is a 10-story, 269,530-square-foot office building. The real estate property recently underwent capital improvements that yielded a new lobby, renovated façade, landscaped rooftop and new windows. 


Inside The Story

Cushman & Wakefield's Lo Russo

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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