Events Company Skylight Expands By 11K SF at Two Trees’ Refinery at Domino
Companies Mentioned
Why It Matters
The leases cement The Refinery’s status as a premier Class A office hub in Brooklyn, attracting diverse tenants and driving higher rent premiums. They also signal growing demand for flexible event and tech‑focused spaces in secondary‑city markets.
Key Takeaways
- •Skylight expands to 13,600 sq ft, adding 11,000 sq ft at The Refinery.
- •Two Trees reaches 90% occupancy at the Williamsburg office tower.
- •Bandana signs 10,380 sq ft lease, relocating from nearby Williamsburg office.
- •Asking rent at The Refinery ranged $58‑$80 per sq ft in 2024.
- •The former Domino Sugar refinery now serves as a Class A office hub.
Pulse Analysis
The transformation of the historic Domino Sugar refinery into The Refinery at Domino exemplifies the adaptive‑reuse wave reshaping New York’s office landscape. Completed in 2023, the 19th‑century structure now offers modern Class A amenities while preserving its industrial character, attracting tenants seeking both prestige and waterfront proximity. This redevelopment aligns with Brooklyn’s broader shift from manufacturing to knowledge‑based economies, positioning the borough as a viable alternative to Manhattan for high‑growth firms.
Skylight’s recent expansion underscores the rising demand for versatile event venues within office complexes. By increasing its space to 13,600 sq ft, Skylight can host larger productions and hybrid meetings, catering to post‑pandemic expectations for flexible, tech‑enabled environments. The move also boosts Two Trees’ occupancy metrics, reinforcing the building’s appeal to service‑oriented businesses that benefit from proximity to creative and corporate tenants.
Bandana’s 10,380 sq ft lease adds a tech‑driven, workforce‑focused tenant to the mix, diversifying the building’s tenant portfolio beyond events and traditional office users. While rent specifics remain private, the $58‑$80 per square foot range reported earlier suggests a premium market positioning. Together, these signings highlight a trend of mixed‑use office towers drawing a blend of cultural, tech, and service firms, which can enhance networking synergies and support Brooklyn’s evolving economic ecosystem.
Events Company Skylight Expands By 11K SF at Two Trees’ Refinery at Domino
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