Industry City surpasses 650 businesses

SUNSET PARK – Industry City, the 35-acre mixed-use complex made up of 16 buildings attracting a diverse mix of companies and retailers to the Brooklyn waterfront in Sunset Park, recently announced its tenancy has surpassed 650 businesses.

Inclusive of ground-floor retailers and upper-floor tenants, this milestone comes on the heels of strong leasing activity in 2024, recording 333,000 square feet of leased space — a 5.7 percent increase year-over-year. In Q1 2025, Industry City has done a total of 70,000 square feet of new leasing, adding 22 new tenants to the campus community. 

“We’re continuing to grow and invest in the future of the workplace at Industry City,” said Jeff Fein, senior vice president of leasing at Industry City. “The growth has been tremendous to watch. We see tenants consistently expanding, others who are debuting in the U.S. market for the first time and choosing IC, and many who just love the collaboration and diversity our campus provides. We’ve created a one-of-a-kind destination, which is why more than 650 businesses choose to be here.”

Unofficially known as “Brooklyn’s backyard,” the unique 9,000-person Industry City campus serves as a physical connector for a diverse and creative tenant mix including businesses in the fields of media, production, entertainment, design, architecture, experience, cleantech, woodworking, robotics and more. 

The campus amenities — its food hall, courtyards, distilleries, executive lounge, and fitness classes offer tenants organic opportunities to meet and build their networks. These businesses leverage each other’s expertise and frequently collaborate across industries, growing their businesses together on campus.  

The property’s ownership — led by Belvedere Capital, Jamestown and Angelo Gordon & Co. — continues to transform the complex which to date has included over $450 million of infrastructure improvements since acquiring the property in 2013. The addition of destination courtyards, family-friendly entertainment, global dining, design retail and other event programming makes Industry City a desirable hub for forward-thinking companies. When the partnership took over the campus, it housed about 100 tenant businesses and a daily workforce population of 1800 people.

Leasing opportunities range from small offices for mid-sized businesses and solo entrepreneurs, to large office spaces with diverse floor plans, tailored storefronts and turn-key retail spaces, to industrial buildings for production studios and laboratories for biosciences. Industry City also operates Cowork IC, an on-site coworking space for individuals and small businesses interested in a serviced office space solution.

Notable leases signed within the last 12 months include: 

• Adafruit Industries: A 100% woman-owned tech manufacturing company designing learning electronics, tools and equipment, the company signed a 10-year deal for a 41,531-square-foot space in Building 19, which will operate as an office hub for New York-based employees, as well as a manufacturing and product storage facility. The deal ranked as Brooklyn’s largest deal in Q2 2024.
  

• Staged to Sell Home: The creative design studio, furniture staging warehouse and appointment-based showroom works with sellers, real estate agents, and brands, signed a 24,000 square foot lease. The growing company successfully generates interest in homes and products through elevated, highly-effective design crafted in their space at IC. 

• Bike New York: Bike New York promotes bicycle use throughout New York City and offers free training for kids and adults. In addition to running the TD Five Boro Bike Tour and providing job training and internships, the organization offers programs such as Earn-A-Bike, Kids Ride Club and Recycle-A-Bicycle. The 8,600 SF space at Industry City serves as a technical repairs center, classroom and training center for multiple programs put on by the organization.

On the retail end, Industry City’s flexible retail model provides a pathway for small businesses to grow on campus. The result of entrepreneurial investment is a hub for unparalleled retail, experiences, and food and beverage. Additional retail deals to mark the last year include: 

• HAPIK: The innovative indoor climbing gym opened its 15,000-square-foot adventure space, joining other experience-driven tenants like Brooklyn Escape Room.

• Bandai Namco: The Japanese-based Bandai Namco opened its first Cross Store in the U.S. and selected Brooklyn’s Industry City for its 4,986-square-foot space, bringing nostalgic games and cult classics to new fans and followers alike.

• Brooklyn Candle Studio: Having transformed a holiday pop-up into a permanent retail space (700 square feet) on Innovation Alley, Brooklyn Candle brings authenticity and a true entrepreneurial spirit to the campus. Its permanent retail space follows its 20,000-square-foot waterfront production space.

• Bitter Monk: The brainchild of the co-founders of Sugar Monk in Harlem, Bitter Monk is a unique cocktail bar and tasting room. Bitter Monk’s cocktails are inspired by art, history and music, and incorporate Binikos’ house-made elixirs which are made with foraged plants, roots and flowers, connecting their cocktails to the natural world.

For more information about Industry City and to inquire about leasing opportunities, visit its website.

About Industry City 

Industry City is a 35-acre, 6 million-square-foot mixed-use complex comprising 16 buildings on the waterfront in Sunset Park. The property’s ownership — led by Belvedere Capital, Jamestown and Angelo Gordon & Co. — is transforming the complex, while cultivating a diverse tenant mix that fuses today’s burgeoning innovation economy with traditional manufacturing and artisanal craft. To date, the transformation has included over $450 million of infrastructure improvements, the addition of destination courtyards, experience-driven dining, design retail and other amenitization and event programming. This work is paving the way toward a vibrant community made up of forward-thinking companies, thoughtful designers and the next generation of artisans.

The unique 8,500-person campus currently houses more than 650 businesses. Industry City boasts three outdoor courtyard spaces with regularly programmed arts and cultural events, and scores of food and beverage vendors specializing in a wide range of cuisines from all over the globe. Industry City is accessible by the D, N, R trains and multiple bus routes including the B35 and B37. Parking is available at 37th and Second Avenue, along with bike racks and five CitiBike stations. www.industrycity.com.