NEW YORK CITY—TerraCRG has leased the free-standing loft building at 80 Hudson Ave. in the Vinegar Hill section of Brooklyn. Ofer Cohen, Dan Marks, Peter Schubert and Joey Terzi—of the Brooklyn-focused real estate brokerage firm represented both the owner and tenant in the transaction for one of the only free-standing, commercially-zoned buildings of its size in the third largest business district in New York City, the Brooklyn Tech Triangle.

The former Globe Storage building, comprised of 76,000 square feet, was leased long-term to a prominent local developer with undisclosed plans for the property at press time. With ceiling heights ranging from 11 to 13 feet throughout the building, the property has a variety of potential uses, including hotel, medical, studios or light manufacturing. The building has two interior loading docks, two exterior loading docks and eight parking spaces.

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