Restoration Hardware Opening Outlet in Industry City [Updated]
By Lauren Elkies Schram May 16, 2018 12:18 pm
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Restoration Hardware has taken space at Industry City for an outlet store, sources told Commercial Observer.
The furniture giant signed a lease for 10,000 square feet on the ground floor in Building 6 at 34 34th Street in Sunset Park, Brooklyn.
The new outlet store will open in the 16-building, 6-million-square-foot collection of warehouse structures situated on the waterfront in mid-June. Restoration Hardware outlet locations sell furniture, lighting, textiles, bathware, décor, outdoor furnishings, as well as baby, child and teen merchandise at a discount.
Jeff Lagowitz of Savills Studley represented Restoration Hardware in the deal, as per a Savills Studley spokeswoman.
Rents at Industry City range from $15 to $40 per square foot, depending on the size and use of the space. No other lease details were immediately available and a spokeswoman for Belvedere Capital, Jamestown and Angelo Gordon & Co.’s Industry City declined to comment. A spokeswoman for Restoration Hardware did not immediately respond to a request for comment.
Restoration Hardware joins other home furnishing companies in the complex including ABC Carpet & Home and Mitchell Gold + Bob Williams.
A Restoration Hardware spokeswoman declined to comment.
With additional reporting provided by Max Gross.
Update: This story has been edited to include the name of the tenant’s broker.
