Travel accessories brand Stoney clover lane plans to open a 25,000 square foot warehouse in City of industry, learned Commercial Observer.
The accessories seller will be located at Building 22 at Sunset Park, Brooklyn, campus and move in during the third quarter of this year, according to a source familiar with the deal. The rent charged at Industry City ranges from $ 15 to $ 40 per square foot. The source declined to provide the length of the lease.
A representative for Building 16, a 6 million square foot campus, declined to comment on the deal.
Stoney Clover Lane has other storefronts in New York City in the West Village and East Hampton, as well as in Palm Beach, Florida, according to its website. The seller of backpacks, travel pouches, phone cases and luggage tags plans to use its 25,000 square foot space for warehousing operations, the source said.
City of industry – property of developers Capital of Belvedere, Jamestown and Angelo Gordon & Co. – was represented internally by Matthew stewart in the case. It is unclear who brokered the deal for Stoney Clover Lane, who did not immediately respond to a request for comment.
The travel accessories retailer is the latest addition to Industry City. Car brands Porsche and Volvo signed two leases to take 40,000 and 20,000 square feet of space, respectively, on campus, CO reported. And furniture rental company directly to the consumer Feather 33,000 square feet leased in Industry City, the campus announced earlier this month. Stoney Clover Lane will also be next to the Brooklyn Chamber of Commerce, fashion brand Loeffler Randall and payment application company Square.
Celia Young can be reached at [email protected].