Gerber Life Insurance Leases New Brooklyn Office Space
The insurer adds 12,868 square feet in Dumbo to house its technology teams and expand its local operations.
Updated on Oct. 27, 2026 in Commercial
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Gerber Life Insurance has secured a 12,868-square-foot lease at 45 Main Street in Brooklyn's Dumbo neighborhood. This new space will function as a dedicated satellite office for the company's technology teams.
Why it matters
The move marks a significant expansion for the White Plains-based insurer into the Brooklyn office market. It reflects a strategic effort to house specialized technology talent in a centralized hub located within a historic 1912 commercial property.
The new 12,868-square-foot lease occupies a portion of the 475,000-square-foot office building at 45 Main Street. Average asking rents at the property currently range from $45 to $55 per square foot.
The players
Gerber Life Insurance
An insurance provider headquartered in White Plains that offers life insurance products to households.
Two Trees
A real estate development firm that owns and manages commercial and residential properties in Brooklyn.
Cushman & Wakefield
A global commercial real estate services firm that facilitates property acquisitions and leasing for businesses.
The details
Gerber Life Insurance will occupy space in the 12-story building to support its growing technology operations. The transaction involves multiple professional brokerage representations, with Cushman & Wakefield managing the insurer's interests. The site already hosts other notable entities, including Bjarke Ingels Group and Church Edit.
Timeline
The 45 Main Street office building was originally completed in 1912.
Gerber Life Insurance signed the office lease in October 2026.
Money Landscape
The expansion reflects the continued integration of traditional financial services firms into Brooklyn's specialized office corridor. This trend aligns with the ongoing adaptation of historic industrial properties for modern corporate technology functions.
While this lease is a corporate real estate transaction, it signals sustained demand for office space in Brooklyn's Dumbo neighborhood. Readers managing commercial assets should monitor how shifting lease volumes in this district affect local property valuations and rent levels.
The takeaway
Large financial companies continue to prioritize high-profile, historic office spaces for their specialized technology divisions. Households monitoring local investment opportunities should keep an eye on how these high-volume commercial leases influence the broader real estate market trends in Brooklyn.
Further reading
For more on the local office market, visit our Commercial section.
Source note: This article includes information reported by Commercial Observer.
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