Lease Beat

Pinkberry’s Frozen Yogurt Hits Dumbo

 Pinkberrys Frozen Yogurt Hits Dumbo

Courtesy of NYTimes

The purveyor of low-calorie frozen yogurt, Pinkberry, is set to open its second Brooklyn location in Dumbo.

Pinkberry will serve its light and tarty yogurt at a 1,000-square-foot space in the 55 Washington Street building at 117 Front Street. The area, nestled between the Brooklyn and Manhattan Bridge, is a few minutes away from the Brooklyn Bridge Park, the 85-acre park along Brooklyn’s East River shore.

In-house broker and managing partner Caroline Pardo of Two Trees Management represented the landlord. Pinkberry was represented by Schuckman Realty, a brokerage firm based out of Woodbury, N.Y., that specializes in retail leases and was responsible for closing Pinkberry’s first lease in Park Slope earlier this summer. The expansion is part of Pinkberry’s expansion effort that started in 2007 with three openings in Chelsea, Koreatown and  the Upper East Side.

Two Trees Management has been instrumental in the revitalization of Dumbo, owning several residential and commercial buildings and modernizing their facades. Scaffolding was taken down last year at the Pinkberry location, showcasing large windows and a streamlined storefront.

“[Dumbo's] creative atmosphere makes Pinkberry an ideal fit and we look forward to its contribution to our thriving community,” Mrs. Pardo said in an announcement.

“The building has seen a large influx of commercial tenants—Etsy, wireless generation, Breakfast LLC, Datalot, Tough Mudder, Aden & Anais, AM Only, Domino Recording, Forty Acres and A Mule just to name a few,” Mrs. Pardo noted about 55 Washington Street. “Nos, a boutique clothing store, is currently in the space and will be moving to 81 Front Street early this fall.”

With the recent lease signing of Pinkberry, the building has reached full occupancy.

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