Leases  ·  Retail

Brooklyn Charter School Imagine Me Moving to 63K-SF Campus at 39 Truxton Street

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Brooklyn’s Brownsville neighborhood is getting a new charter school with Imagine Me Leadership Charter School signing a 63,000-square-foot lease.

The school signed a 30-year lease at Bawabeh Realty Holdings39 Truxton Street, where it will operate throughout the entire building, according to tenant brokers Open Impact Real Estate. The school will relocate 2.8 miles from 818 Schenck Avenue in Brooklyn’s East New York neighborhood.

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Open did not disclose the asking rent, but a Cushman & Wakefield report pegged the average asking rent for offices in Brooklyn at $61.75 per square foot in the second quarter of 2023.

“Securing a new, high-quality facility for our students has been a dream of ours for many years,” LaShawn Robinson, CEO of Imagine, said in a statement. “The central presence and flexibility of this building will strengthen our students’ sense of community and allow us to double our enrollment in the coming years, supporting our transition to a co-ed model that aligns our mission and outstanding track record with our physical space.”

Stephen Powers, Lindsay Ornstein and Jake Cinti of Open represented the tenant while Steve Nadel and Nechama Liberow of Pinnacle Realty of New York negotiated on behalf of the landlord. Pinnacle did not immediately respond to a request for comment.

Founded in 2011, Imagine will be switching over to the new campus during the 2024-2025 school year. Its new space will have a double-height gymnasium, a number of outdoor playgrounds, a cafeteria and an auditorium, according to Open.

Mark Hallum can be reached at mhallum@commercialobserver.com.