PillPack and Three Maker Types Sign on for 24K SF Total at Industry City
By Lauren Elkies Schram February 24, 2016 3:30 pm
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A pharmacy startup, a lighting fixture maker, a sock maker and a design showroom for salon furniture and fixtures have signed leases totaling 24,000 square feet at Industry City, a spokeswoman for IC told Commercial Observer.
PillPack, a full-service mail order pharmacy which sorts your medications for you by date and time you take them, is moving into 8,000 square feet at 34 35th Street for five years in April. This is the New Hampshire-based firm’s foray into the New York City market. The company intends to do light assembly, packaging, storage and distribution of pharmaceutical prescriptions, plus general and administrative offices on an accessory basis in the IC space. Jason Gold of IC’s internal leasing team represented IC in the deal and Emma Geldmacher and Michael Gochman of Transwestern worked on behalf of PillPack.
Rich Brilliant Willing, which designs and manufactures LED fixtures, has taken 8,000 square feet in a five-year lease in the Sunset Park, Brooklyn complex. The company will be relocating to Building 7 at 67 34th Street in June from 98 4th Street in the Gowanus neighborhood of the borough. Rich Brilliant Willing will be using its new space as a studio for the design and fabrication of wood, metal and plastic light fixtures, furniture and related household products, plus general and administrative offices. Mr. Gold represented the landlord, and the tenant had no broker in the deal.
Come May, Gamma & Bross USA will be relocating from 260 West 35th Street between Seventh and Eighth Avenues in Manhattan to 6,000 square feet at Building 6 at 68 34th Street through a five-year lease. The salon and spa designer will have a showroom and administrative/executive offices in IC. Mr. Gold represented the landlord and Ross Abramsohn, Roy Abraham and Waite Buckley of Vicus Partners brokered the deal for the tenant.
A Brooklyn-based company that specializes in athletic footwear-inspired socks, Customize Elite Socks, has secured a 2,000-square-foot space at IC for three years. The company will relocate to its new digs in Building 6 at 86 34th Street next month. Customize Elite Socks will manufacture and embroider socks at the new spot and use it as an accessory office. Brett Harvey of IC’s internal leasing team represented the landlord and the tenant didn’t have a broker in the deal.
The spokeswoman for IC said the owners do not disclose rates for specific deals, but that the taking rents range from $15 to $35 per square foot.
IC is home to a wide mix of tenants including Time Inc., The Brooklyn Nets, furniture and accessories retailer Design Within Reach and 3-D printing company MakerBot.
Belvedere Capital, Jamestown and Angelo Gordon collectively own a roughly 50 percent stake in the property. The rest is owned by longtime owners Cammeby’s International and FBE Limited. The waterfront property is undergoing a $1 billion revitalization.
