Two Trees Management has pushed The Refinery at Domino in Williamsburg to 90 percent occupancy following two lease deals closed in late April. Event space operator Skylight expanded its footprint at the property by 11,000 square feet, adding to its existing presence at the mixed-use industrial complex.
The expansion represents continued momentum for Two Trees' conversion of the former Domino sugar refinery into a commercial and creative hub. Skylight's additional space underscores robust demand for event venues in Brooklyn as the market rebounds from pandemic lows.
The developer now has minimal vacancy remaining at the Refinery, reflecting stronger-than-expected leasing velocity in Williamsburg's commercial sector. The neighborhood has emerged as a magnet for creative industries and event operators seeking affordable, flexible space outside Manhattan.
Two Trees has repositioned similar industrial properties across Brooklyn, turning underutilized manufacturing sites into desirable office and event destinations. The Refinery deal shows investors and operators continue backing Brooklyn commercial real estate over pricier Manhattan alternatives.