News: Brokerage

Xing Fu Tang leases 15,085 s/f industrial space

Brooklyn, NY According to Madison Capital and Salmar Properties, Xing Fu Tang signed a lease for 15,085 s/f of industrial space on the 4th floor of Liberty Bklyn. at 850 3rd Ave.

Casal San Andres of The Buckley Organization represented Xing Fu Tang. David Junik, Mark Caso, and Daniel Tack of Pinnacle Realty Group represented 850 3rd Ave.

This will be their first stand-alone production facility in the United States. Xing Fu Tang will use the space for boba tea production, warehousing, storage, and distribution to support their U.S. retail operations.

“We are excited to welcome Xing Fu Tang to the Liberty Bklyn community as they continue their expansion across the United States,” said Ryan Buoye, vice president, Madison Capital. “Liberty Bklyn’s versatile, state-of-the-art infrastructure will allow Xing Fu Tang to build a dynamic production facility that will further enhance operations and power their growth.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.