Porsche and Volvo Rev into Industry City Showroom Space
Porsche and Volvo have signed leases to operate showrooms and service centers out of Industry City, the 16-building, six-million-square-foot Brooklyn campus owned by Belvedere Capital, Jamestown, and Angelo, Gordon & Co.
“Creativity and design are the heart of IC, and these showrooms will display each manufacturers’ latest inventions— from the innovation at the forefront of green engineering to the latest, cutting-edge auto designs,” said Jim Somoza, director of development at Industry City
Porschewill operate an approximately 10,000-square-foot showroom, and 30,000-square-foot service center. The new space is anticipated to open next Janaury.
Volvo will create roughly 20,000 square feet of showroom and service center space, which will showcase the company’s range of standard, electric and hybrid vehicles. The showroom and service center is anticipated to open in September.
Industry City was represented by Somoza. Both Porsche and Volvo were represented by EVP Esther Bukai of Ripco Real Estate.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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