Quadra Furniture & Spaces Signs LOI for Additional 11,000 Sq Ft for Expansion

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QUADRA Furniture & Spaces, a Designer Furniture Rental company, is excited to announce that it has signed a letter of intent to lease 11,000 square feet of additional office/interior design space, expanding their operations into Liberty View Industrial Plaza, in Sunset Park, Brooklyn, New York

QUADRA- Liberty View Industrial Plaza Expansion

QUADRA Furniture and Spaces announces Liberty View Industrial Plaza Expansion

Both BAT and Liberty View enhance Quadra’s ability to execute on major initiatives slated for 2018 and 2019 and will provide Quadra with the ability to continue with their expansion plans.

QUADRA Furniture & Spaces, a Designer Furniture Rental company, is excited to announce that it has signed a letter of intent to lease 11,000 square feet of additional office/interior design space, expanding their operations into Liberty View Industrial Plaza, in Sunset Park, Brooklyn, New York. The transaction also calls for an additional 60,000 square feet of space under a Right of First Offer with the landlord, Salmar Properties LLC. Quadra will continue to operate their 20,000 square foot warehouse at the Brooklyn Army Terminal (BAT), in Sunset Park.

“We are excited about this transaction as we have innovative plans for these spaces. Both BAT and Liberty View enhance Quadra’s ability to execute on major initiatives slated for 2018 and 2019 and will provide Quadra with the ability to continue with their expansion plans. Stay tuned,” said the company’s CEO, Robert Sablic.

Quadra is being represented by Robin Fisher, Senior Managing Director at Newmark Knight Frank, and has retained James Lotito and Sean Altschul of Smith, Gambrell & Russell, LLP as counsel on the transaction. The transaction is subject to finalization of lease terms as well as board approval.

About QUADRA
Headquartered in Brooklyn and founded in 2005, Quadra creates smart spaces for people to live and work better by providing end-to-end bespoke and pre-designed furniture rental collections. Learn more at http://www.quadrafs.com and follow us on Instagram or Pinterest or email us at info(at)quadrafs(dot)com.

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Matt Sudol, Director of Brand Marketing
Quadra FS
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