MPB, the leading platform to buy, sell, and trade used photography and videography equipment, has announced the expansion of its New York City headquarters by more than double at Industry City, the 6 million-square-foot innovation campus located on the Sunset Park, Brooklyn waterfront.
MPB is headquartered in the creative communities of Brooklyn, Brighton, and Berlin. Its unique platform brings access and affordability to visual storytellers around the world, with used cameras, lenses, and accessories from MPB costing an average of 30% less than new. Today’s announcement follows an astonishing $70 million Series D fundraising round for MPB, along with key executive appointments and new hires, pointing towards a rapid trajectory of growth for the firm since arriving at Industry City in 2019.
“When we chose Industry City for our North American HQ, we had no idea that we’d grow out of the space just two years in,” says CEO and Founder of MPB, Matt Barker. “The content creation market continues to skyrocket, along with demand for used photo and video equipment. This expansion allows us to provide even more visual storytellers with the platform they need to buy, sell and trade the gear to do their work. Doubling in size from 19,000 to 44,000 square feet is an amazing milestone for the company and a much-needed upgrade for our growing staff. IC promised there was plenty of room for us to scale the business here, and we’re excited to start this new chapter on campus.”
Designed by RISE Architecture, MPB’s expanded space is newly located in Building 7 of Industry City with stunning views of the Brooklyn waterfront. The expansion houses revamped office and warehouse spaces to accommodate a growing employee base that includes trained product experts and seasoned photographers and videographers. The headquarters will also feature a new in-house production studio for photo, video, and podcast content, along with an events space.
“We’re pleased we were able to answer Matt’s call and offer a growth solution for MPB mid-lease. Our ability to respond to urgent growth needs and quick reconfigurations of space is something we take pride in,” says Jeff Fein, Senior Vice President of Leasing at Industry City. “MPB has been a core member of our media and production community, and we look forward to seeing its new space become a hub for the industry.”
Industry City is home to nearly 80 tenants in the media and production industry, including production giant AbelCine, with whom MPB collaborated for the buildout of its new production space; content studios for Moda Operandi, a luxury e-commerce leader; Buck Media, a global creative company that sits at the intersection of media, art, design, and technology; and The Garage, a robotic video content studio specializing in food and beverage advertisements for household names like Coca-Cola, Hershey’s, and Heinz.
In addition to providing the incredible networking and opportunities for cross-pollination offered by being in close proximity to one another, Industry City touts additional perks for firms in the media and production industry, including permit-free filming opportunities throughout the complex; a wide range of raw and built spaces available for shoots; customizable studio space; on-site set-building opportunities at brands such as West Elm, Design Within Reach, and Restoration Hardware; oversized freight elevators, and loading dock access.
Industry City is accessible by the D, N, R trains and multiple bus routes including the B35 and B37. Parking is available at 37th and 2nd Avenue, along with bike racks and five CitiBike stations.
*This is an article from Yahoo! Finance published on March 21, 2022; See the original article here.
Learn more about leasing space at IC here.