NKF collaborates with M.C. O'Brien, DY Rlty. 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, 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.