BELLINGS

OPEN Impact Arranges 15-Year Occupancy for Brooklyn Charter School

OPEN Impact Real Estate has arranged a 15-year lease totaling approximately 77,000 square feet located at 5902 Sixth Ave. in Brooklyn’s Sunset Park neighborhood for Launch Expeditionary Learning Charter School. The lease secures one of Brooklyn’s few available purpose-built…

OPEN Impact Real Estate has arranged a 15-year lease totaling approximately 77,000 square feet located at 5902 Sixth Ave. in Brooklyn’s Sunset Park neighborhood for Launch Expeditionary Learning Charter School. The lease secures one of Brooklyn’s few available purpose-built…

BELLINGS Intelligence Score: 8

Why it matters

This is a routine commercial real estate lease arrangement with no broader implications for credit markets or underwriting standards.

Sources

  • Connect CRE

    OPEN Impact Arranges 15-Year Occupancy for Brooklyn Charter School

    OPEN Impact Real Estate has arranged a 15-year lease totaling approximately 77,000 square feet located at 5902 Sixth Ave. in Brooklyn’s Sunset Park neighborhood for Launch Expeditionary Learning Charter School. The lease secures one of Brooklyn’s few available purpose-built…