Porsche, Volvo Ink Leases at Brooklyn’s Industry City Campus

Leasing at Industry City is getting fast and furious.

Car brands Porsche and Volvo signed two 10-year leases to take 40,000 square feet and 20,000 square feet of space, respectively, at the 6 million-square-foot Brooklyn campus.

“We are excited to offer a new type of car service to New Yorkers; one where you can enjoy the afternoon on campus while you’re awaiting an oil change, or simply check out the latest models,” Jim Somoza, director of development at Industry City, said in a statement. 

In the race to open their new spaces, Volvo is coming in first. The Swedish automobile manufacturer will take about 20,000 square feet for a showroom and service center expected to open in September.

German automobile maker Porsche plans to open in January, with a 10,000-square-foot showroom and 30,000-square-foot service center. 

The two auto manufacturers will join the Brooklyn Chamber of Commerce, post-production firm KMH Audio-Video Integration, and payment application company Square at the Brooklyn waterfront campus at 274 36th Street.

The Brooklyn Chamber of Commerce relocated to 10,200 square feet at Industry City this month after more than a century in Downtown Brooklyn. A few days later, Industry City announced another new tenant, direct-to-consumer furniture rental company Feather, which leased 33,000 square feet at the campus. 

*This is an article from Commercial Observer published on July 15, 2021; See the original article here.

Learn more about leasing space at IC here.