Coldwell Banker Comm'l. Meridian completes three deals totaling $1.93m in sales and a 45,000 s/f lease

Coldwell Banker Commercial Meridian recently completed three transactions totaling $1.93 million in sales and a 45,000 s/f lease. Gerald Kelly, associate broker of Coldwell Banker Commercial Meridian, represented the buyer in the $1.85 million acquisition of the Tudor Lane Apartments. The property is a 56-unit apartment complex in Lockport. Eric Tudor and Patricia Collins, co-owners of Coldwell Banker Commercial Meridian, brokered the following two deals: * The sublease disposition of a 45,000 s/f warehouse and distribution facility in Newstead to Perry's Ice Cream. * The disposition of 16 more acres at The Vantage International Pointe Industrial Development Park in Sanborn to DRC Development. The site transferred for $80,000. DRC Development will erect two large multi-tenant flex buildings over two phases. Over the last two years, 55 acres have closed, 25 acres are due to close this year leaving only 42 acres of the 158-acre park available. Coldwell Banker Commercial Meridian is a dynamic full service commercial real estate firm. They help clients evaluate and implement real estate solutions on a local, regional, and national basis. The professionals at Coldwell Banker Commercial Meridian elevate traditional commercial brokerage to a higher level through our national network of over 500 Coldwell Banker Commercial offices. They guarantee their clients the finest representation in the market. A strong local presence coupled with their national identity provides their clients with unparalleled real estate service.