Massive Kent Avenue project lands fashion brand as first tenant

Kith takes 58K sf at Williamsburg’s first ground-up commercial building in decades

TRD NEW YORK /
Dec.December 17, 2019 12:59 PM
Kith Founder Ronnie Fieg, and a rendering of 25 Kent Avenue (Credit: Getty Images and Kith)

Kith Founder Ronnie Fieg, and 25 Kent Avenue (Credit: Getty Images and Kith)

The fashion brand Kith has signed a lease for almost 58,000 square feet at 25 Kent Avenue in Williamsburg.

The project was previously pitched as a possible second headquarters for Amazon. Kith will be its first tenant, Bloomberg reported Monday. The building stands eight stories tall and is the first ground-up commercial building developed in Williamsburg in more than 40 years.

About 90 Kith employees will work in the property. The company plans to relocate its headquarters from Soho, according to Bloomberg.

Construction at 25 Kent was completed in July without any commitments from tenants. The building spans 500,000 square feet and was designed for office tenants, but has a component for light manufacturing.

The developers, Rubenstein Partners and Heritage Equity Partners, hope to fill the building by mid-2021, Rubenstein’s director of acquisitions Jeff Fronek told Bloomberg.

“Manufacturing was always viewed as a catalyst for the building,” he said. “A lot of the office users wanted to understand who the manufacturing tenants would be to make sure there was compatibility.” [Bloomberg]Eddie Small


Related Articles

arrow_forward_ios
G4 Capital Partners' Robyn Sorid and Jason Behfarin with 200-206 Kent Avenue in Williamsburg (Credit: G4, LoopNet)G4 Capital Partners' Robyn Sorid and Jason Behfarin with 200-206 Kent Avenue in Williamsburg (Credit: G4, LoopNet)

Hager family lands $84M loan for Williamsburg project

34 Union Avenue in Brooklyn (Credit: Google Maps)

Rabsky Group planning another Williamsburg mixed-use project

185 S. Fourth St. and Largo co-founder Nicholas Werner (Credit: Google Maps)

Largo buys another Williamsburg rental building for $32M

106 Prospect Place and 488 13th Street in Brooklyn (Credit: Google Maps)

Park Slope townhouse was Brooklyn’s priciest contract last week

Clockwise from left: 168-170 Wythe Avenue, 115 North 6th Street and 129-133 Kent Avenue with L3 Capital's Domenic Lanni (Credit: Google Maps)

L3’s Williamsburg retail properties snag $91M refi

250 North 10th Street and TF Cornerstone president Frederick Elghanayan (Credit: Google Maps)

TF Cornerstone pays $140M for Williamsburg multifamily building

From left: 333 Johnson Avenue, 250 Livingston Street and 12 MetroTech Center (Credit: Google Maps)

City agencies dominated Brooklyn’s biggest office leases of 2019

292 North 8th Street, The Collective’s CEO Reza Merchant (Credit: Scuares via PRNewswire and Facebook)

The Collective plans $150M co-living project in Williamsburg

arrow_forward_ios
Loading...