Friday, 11 September 2020

Traub Capital pays $75M for LIC manufacturing plant

Traub Capital paid $75 million for a manufacturing plant in Long Island City, part of the private equity firm’s recent acquisition of cosmetics maker Mana Products. The three-story, 215,000-square-foot facility is located at 27-11 49th Avenue in the Hunters Point section. Traub’s deal to buy LIC-based Mana was reported earlier this month. Mana, which manufactures beauty products for a variety of brands, has owned the building for over 20 years, property records show. The property



source https://therealdeal.com/2020/09/11/traub-capital-pays-75m-for-lic-manufacturing-plant/

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