News: Brokerage

TriState Commercial Realty secures 25,000 s/f at Industry City for Sakatta

Brooklyn, NY According to Industry City (IC)—owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co.—Sakatta Inc., a distribution and sales company has signed a six year, 25,000 s/f lease for warehouse space at the 16-building, six million s/f campus.

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, which is home to more than 550 tenants—many of which who are small businesses—across a myriad of industries, including manufacturing, media and production, fashion, retail, and more. 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.”

Industry City has completed nearly 130,000 s/f of industrial/warehouse leasing transactions since January, and over 350,000 s/f of total leasing in 2021.

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