Vestiaire Collective sign lease for 21,027 s/f at Liberty Bklyn

Brooklyn, NY Madison Capital and Salmar Properties have closed a 21,027 s/f lease on the third floor of Liberty Bklyn at 850 3rd Ave. with new tenant Vestiaire Collective, the luxury secondhand platform. The brand is moving from its previous New York location at the Starrett Lehigh Building in Manhattan to expand their space from approximately 9,000 s/f to 21,027 s/f.

Liberty Bklyn’s loading and shipping capabilities will be integral to Vestiaire Collective’s operations. The facility also offers the infrastructure and space to expand as the business scales.

“As Vestiaire Collective seeks to build a more sustainable fashion industry, we look forward to helping enable their North American growth,” said Jonathan Ratner, managing director, Madison Capital. “We’re excited to welcome the brand to Liberty Bklyn and the Sunset Park community of innovators.”

Vestiaire Collective was represented by Marilynn Joyner and Eric Deutsch of CBRE. Liberty Bklyn was represented by David Junik, Nechama Liberow, Steve Nadel and Mark Caso of Pinnacle Realty on the lease.

“Vestiaire Collective is a major force in creating a more circular fashion economy,” said Deutsch, vice chairman, CBRE. “The space at Liberty Bklyn is uniquely suited to deliver on the brand’s fast-paced, high-volume logistics and distribution needs, while empowering and accommodating the company’s growth.”