lease at ic

Industry City Secures Two New Leases Totaling 13K SF

February 7, 2022

Corporate Transportation Group (CTG) is moving to Industry City in Sunset Park, Brooklyn. The professional and consumer transportation inked a deal for 9,555 square feet in the 6 million-square-foot complex, and plans to relocate there from its Gowanus headquarters at 335 Bond Street, according to Industry City. CTG signed a lease for five years at the complex, where asking rents range from $15 to $40 per square foot, per the release. CTG declined to comment. Industry City was represented in-house by Jeff Fein and Liz Henry. The pair also recently negotiated a 3,000-square-foot three-year deal at Industry City for real estate firm Mayfair Capital. Both tenants were represented...

Corporate Transportation Group (CTG) is moving to Industry City in Sunset Park, Brooklyn.

The professional and consumer transportation inked a deal for 9,555 square feet in the 6 million-square-foot complex, and plans to relocate there from its Gowanus headquarters at 335 Bond Street, according to Industry City.

CTG signed a lease for five years at the complex, where asking rents range from $15 to $40 per square foot, per the release. CTG declined to comment.

Industry City was represented in-house by Jeff Fein and Liz Henry. The pair also recently negotiated a 3,000-square-foot three-year deal at Industry City for real estate firm Mayfair Capital. Both tenants were represented in-house.

“The campus has so much to offer from an amenities perspective, but for these specific tenants, finishing the deal quickly was key,” Fein said in a statement. “Corporate Transportation Group leased a pre-built space, and we were able to build quickly for Mayfair Capital.”

Owned by Belvedere Capital, Jamestown and Angelo Gordon & Co, Industry City has leases with 550 companies. Mayfair and CTG’s leases contribute to the roughly 900,000 square feet leased at Industry City since March 2020.

Other recent notable leases in Industry City include Los Angeles-based electric scooter manufacturer Voro Motors, which took 4,250 square feet for its first East Coast headquarters in November 2021. Two months earlier, Aanika Biosciences, an agricultural life sciences company, expanded to 2,500 square feet in Building 6.

*This is an article from Commercial Observer published on February 7, 2022; See the original article here.

Learn more about leasing space at IC here.

Keep reading

Previous Article Next Article

Onwards and Upwards: Staged to Sell Home

December 19, 2024 Tyler Urquhart

"The year has flown by, and the holidays are fast approaching. This week, we asked 10 designers—Alyssa Alon, Margaret Donaldson,...

View

ARTIST D’ANA NUNEZ UNVEILS MAKERS GUILD MURAL

August 20, 2024 Tyler Urquhart

We’re thrilled to announce that multidisciplinary artist and creator D'ana Nunez, known as COVL, has completed a vibrant new mural...

View

Brian Polen gives sake a Brooklyn twist in Industry City

August 12, 2024 Tyler Urquhart

Brooklyn Daily Eagle August 8, 2024 Alice Gilbert Brian Polen. Photo courtesy of Ward 8 Studios Brooklyn might not be...

View

Equinor Breaks Ground on Marine Terminal Key to Supporting Offshore Empire Wind 1

June 13, 2024 Paul Gerke

"Today Equinor broke ground on construction at the South Brooklyn Marine Terminal (SBMT), kicking off the revitalization of the venerable...

View

Gizmo Maker Adafruit Leaves Manhattan for 42K SF at Brooklyn’s Industry City

June 5, 2024 Abigail Nehring

"Open-source electronics manufacturer Adafruit Industries is breaking up with Manhattan to join a growing hub of tinkerers at Brooklyn’s Industry City. Adafruit signed...

View