Industry City | Brooklyn, NY
16 industrial and mixed-use buildings totaling 6 million sq. ft. and 35 acres
Investment Opportunity at Acquisition
- Off-market opportunity to recapitalize and acquire a partial interest in an iconic waterfront industrial hub in order to create a destination, incorporating food, entertainment and open space, with expanded uses including office and creative manufacturing.
- 66% occupied at acquisition, in an improving location in Brooklyn.
- Once complete, the project will be a mixed-use site with light industrial, retail and office components.
Strategy
- Major Repositioning, Change of Use
