**Biotech Expansion at Industry City: Cresilon and Rumi Scientific Grow Footprint in Brooklyn**
Industry City, the six-million-square-foot mixed-use campus located in Brooklyn’s Sunset Park, has announced new leasing developments that strengthen its growing biotech ecosystem.
Pioneering biotechnology firm Cresilon has signed a 55,000-square-foot, 10-year expansion lease to significantly grow its U.S. headquarters and laboratory operations. The new lease more than doubles Cresilon’s current space from 27,000 square feet, a testament to the company’s rapid growth and innovation in the biotech sector.
In addition, Rumi Scientific, a therapeutic discovery company, has leased 6,510 square feet at Building 4 for its research and development laboratory. The five-year lease marks their relocation from the New York Blood Center to Industry City.
“Cresilon’s expansion at Industry City is especially rewarding because it reflects a years-long partnership supporting their growth and ensuring they have the right space to scale,” said Jeff Fein, Senior Vice President of Leasing at Industry City. “With Rumi Scientific joining the campus, we’re excited to build a similar partnership and further grow an ecosystem where biotech innovators thrive alongside like-minded peers in a supportive, future-focused environment.”
Fein represented the landlord in the Cresilon deal, with CBRE Vice President Josh Pernice acting on behalf of Cresilon. Fein, along with Industry City’s Vice President of Leasing Nick Shears, represented ownership in the Rumi Scientific transaction.
These leases continue to affirm Industry City’s commitment to supporting the life sciences and biotech industries through strategic space offerings and a collaborative campus environment.
