Real Estate Weekly
Image default
Deals & Dealmakers

Distribution company takes 25,000 s/f at Industry City

Industry City —owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co.— announced that Sakatta Inc., a distribution and sales company has signed a six year, 25,000 s/f lease for warehouse space at the complex.

Sakatta Inc., has relocated its operations from the nearby Bush Terminal, and will bring 15 employees to Industry City.

“Industry City has become synonymous with the quintessential creative office hub, and it’s really so much more. It’s a diverse neighborhood of businesses including offices, retail, pop-ups, production and good old fashioned warehouse and distribution,” said Kathe Kramer Chase, Director of Leasing at Industry City. “IC offers the amenities a creative office tenant wants—restaurants, programming, outdoor space; but it also checks the boxes for warehouse tenants’ needs—expansive floorplates and high ceilings, oversized freights, and ample loading, just off the BQE. Imagine having the perfect turnkey warehouse space with the bells and whistles of a premier office hub.” 

Both Industry City and Sakatta Inc. were represented by Moshe Akiva and Rafael Neiman of TriState Commercial Realty. TriState Commercial Realty is also a tenant at Industry City. Industry City has completed nearly 130,000 square feet of industrial/warehouse leasing transactions since January, and over 350,000 square feet of total leasing in 2021.

(Visited 1 times, 1 visits today)

Related posts

CBRE Announces $26 Million Sale/Partial Leaseback of 500 & 540 White Plains Road in Tarrytown, New York

REW

Ariel Property Advisors Closes $12.8 Million Sale of Development Opportunity in Downtown Brooklyn

REW

Columbia Pacific Advisors Provides $115 Million in Loans to Dynamic Star for Three New York City Developments

REW