Two Trees Management reached 90 percent occupancy at The Refinery at Domino in Williamsburg, Brooklyn, after closing two leases in late April. Event space operator Skylight expanded its footprint at the property by 11,000 square feet, extending its existing lease.
The Refinery, a mixed-use development on the former Domino Sugar factory site, continues to attract tenants seeking large, flexible spaces in Brooklyn's waterfront market. The Skylight expansion reflects ongoing demand for event venues in the neighborhood, which has transformed into a major commercial and cultural hub over the past decade.
Two Trees' achievement of near-full occupancy demonstrates strong leasing momentum in Williamsburg's commercial real estate market. The developer has positioned The Refinery as a destination for creative industries and event-focused businesses, capturing tenants willing to pay premium rates for Brooklyn locations with significant square footage and distinctive architecture.
The deals signal confidence in Williamsburg's post-pandemic recovery. Large tenants like Skylight require substantial space commitments, and their expansion choices reflect their assessment of neighborhood vitality and customer demand.