Industry City Revs Up With Volvo, Porsche Deals For Combined 60K SF

Sunset Park could quickly become Brooklyn’s car dealership hub after two major European car brands signed leases for showrooms.
Porsche signed a lease for 40K SF of showroom and service center space at Industry City while Volvo will take up 20K SF there for a showroom, the ownership group of Belvedere Capital, Jamestown and Angelo Gordon & Co. announced Thursday. Industry City partner and Director of Development Jim Somoza told Bisnow in an interview Friday that more car companies have since contacted his team interested in taking additional space at the redevelopment of the former Bush Terminal.
“They really like the idea of being part of what we’ve…

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