NKF collaborates with M.C. O'Brien, DY Realty for Hale & Hearty expansion

Newmark, Knight, Frank (NKF) was appointed to find a place for Hale & Hearty, LLC to establish a centralized location to make its well known menu of soups. By centralizing its operations from scattered kiosks, they knew they could count on more consistency in their product line. Dan Segal & Robin Fisher of NKF worked with M.C. O'Brien, Inc. whom they felt had a working knowledge of industrial space in the borough. After a series of searches in Sunset Park & the Gowanus section, Michael O'Brien, III, SIOR, CEO of M.C. O'Brien, Inc. expanded the search. He contacted Paul Yuras, executive vice president at DY Realty Services, LLC. Yuras had a build to suit in East Williamsburg that could be constructed to fit the customers' needs. After design & negotiations, a lease was executed at 276 Scholes St. The landlord, Empire Transit Mix, erected a 23,000 s/f, USDA approved building. The project took advantage of tax abatements and credits for jobs created & utility reduction programs. The benefit package was completed in cooperation with Richard Imprescia, director of economic planning for the accounting firm of Anchin, Block & Anchin, LLP. Imprescia, in cooperation with Carl Hum, president of the Brooklyn Chamber of Commerce, helped Hale and Hearty to qualify for the benefit package.