AECOM Opens First Brooklyn Office at Industry City
By Rey Mashayekhi January 12, 2018 4:49 pm
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Construction giant AECOM has taken more than 14,000 square feet of office space at the sprawling Industry City complex in Sunset Park, for the firm’s first Brooklyn office.
AECOM signed a five-year deal for 14,300 square feet at 220 36th Street, which will initially house around 80 employees from company’s landscaping- and design-focused Urban Design Group and eventually accommodate additional teams currently at AECOM’s Midtown East headquarters at 605 Third Avenue, sources with knowledge of the transaction told Commercial Observer.
The new space, which AECOM began occupying last month, is meant to function as a hub for teams working on the firm’s Brooklyn-based projects; such projects include the reconstruction of a section of the Brooklyn-Queens Expressway and a large-scale development in Red Hook, according to Crain’s New York Business, which first reported news of the Industry City lease.
Asking rents at Industry City range between $25 to $35 per square foot, sources said, with the 6-million-square-foot office and commercial complex represented by the in-house leasing team of Kathe Chase and Jeff Fein. AECOM had no representation in the deal.
In a statement, Chris Ward, executive vice president and chief executive of AECOM’s New York Metro division, said the space at Industry City “is exactly the kind of creative environment we were looking for”—one that “fosters collaboration and is abuzz with energy.”
Andrew Kimball, CEO of Industry City, said in a statement that the construction firm will enhance “the mix of startups and industry giants” that provide it with a “dynamic environment you can’t find anywhere else.”
Recently signed tenants at the Sunset Park complex—which was developed by a team led by Jamestown and Belvedere Capital—include Brooklyn Nets parent company Brooklyn Sports & Entertainment, home furnishings retailers ABC Carpet & Home and Mitchell Gold + Bob Williams and fitness concept ClassPass.
