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Deals & Dealmakers

TAMI tenants, retailers circling 200,000 s/f Gowanus development

Industrie Capital Partners has officially kicked off a strategic leasing campaign for Roulston House – Gowanus, the company’s redevelopment of the largest mixed-use project in Gowanus.

The state-of-the-art, Class A building, totaling 200,000 s/f, will serve as the neighborhood’s most significant option for TAMI tenants, as well as food and beverage retailers, providing creative work spaces and an after-hours destination for the entire community.

Backed by a major capital improvement program, the amenity-driven Roulston House is being designed by Morris Adjmi, with the avant-garde architect applying the same place-making sense of creativity and excitement as he recently did for both the Wythe Hotel in Williamsburg and the Samsung 837 project in the Meatpacking District.

The developer said Roulston House’s efficient and flexible design lends to different size tenants, with up to 200,000 s/f of office space, and up to 70,000 s/f of ground-floor retail.
The property also offers four roof-deck options with outdoor seating and Brooklyn and Manhattan skyline views.

The brick-and-beam structure is accessible for most tenancies, offering 27,000 s/f to 41,000 s/f full-floor floorplates, with light on all four sides, and up to 15-foot ceiling heights throughout.
Food and beverage tenants have an option to occupy column-free space and up to 25-foot ceilings, with private roof-deck space. The developer will provide tenants with amenities including bike storage, shower facilities, common areas, interior lounges, and parking, and is aiming to secure a LEED certified rating, and a Wired Scored Platinum level for maximum connectivity.

Situated on 9th Street between Smith and 2nd Avenue, Roulston House is central to workers who live in Brooklyn, specifically Gowanus, Carroll Gardens, Cobble Hill, Park Slope, Boerum Hill, Sunset Park, and Downtown.

It is serviced by the F, R, and G subway lines, the cross-canal bicycle routes at 9th St., 3rd St., and Union St., and multiple bus lines.

“Gowanus is the creative nexus of Brooklyn,” said Joseph Hamway of Industrie Capital Partners. “We are redeveloping Roulston House with the purpose of bringing together innovative businesses, creatives, and cultural endeavors under one roof, with multiple space options, in an inspiring atmosphere that will further electrify the neighborhood. We will have something here for everyone.”

Redevelopment of Roulston House has already begun, with tenant fit-outs projected to start late 2017. The leasing program is also underway. Several tenants have already expressed interest in taking space at the site.

The developer is also speaking with several retailers, including larger-scale food and beverage operators who can create a fun, exciting destination both for the office workers in the building and the neighborhood at large.

The Cushman & Wakefield brokerage team of Bruce Mosler, Mikael Nahmias, Joseph Cirone, Patrick Dugan, and Helen Paul has been retained as the building’s exclusive leasing agent for the property’s office space.

“As the largest mixed-use project in Gowanus, Roulston House is the perfect setting for New York’s expanding TAMI sector, comprised of creative firms that want to spend their time in a truly special property that is well located with access to great on-site and local amenities and contributes to the overall excitement of their work,” Cirone said.

“This amazing project is ideal for a diversity of small- and medium-size office tenants, and/or a large anchor tenant looking for a ‘wow’ experience.”

Cirone noted that tenants have additional incentives to take space at Roulston House: Gowanus has competitive lease rates compared with neighboring markets; the City is offering various tax abatements that can further reduce leasing costs and; ownership intends to provide finishes and work letters indicative of Class A space.

The property originally served as the Roulston family grocery warehouse during the first half of the 20th Century.

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