Cushman & Wakefield / Pyramid Brokerage Co. handles $11.1 million sale of Hannaford Plaza in Rotterdam

April 04, 2017 - Upstate New York
1400 Altamont Avenue - Rotterdam, NY 1400 Altamont Avenue - Rotterdam, NY

Rotterdam, NY The Hannaford Plaza at 1400 Altamont Ave. has new ownership. Wood Stone Holdings LLC, has purchased the 217,000 s/f for $11.1 million.

Peter Struzzi, Cushman & Wakefield / Pyramid Brokerage Co. Peter Struzzi, Cushman & Wakefield / Pyramid Brokerage Co.
Jeffrey D’Amore, Cushman & Wakefield | Pyramid Brokerage Company Jeffrey D’Amore, Cushman & Wakefield | Pyramid Brokerage Co.

Anchored by Hannaford Grocery, the multi-tenant center was sold by CMS Retail, LLC. With Walmart as a shadow anchor, Hannaford Plaza is second only to Mohawk Commons in size and scope of retail offerings in Schenectady County.

Cushman & Wakefield / Pyramid Brokerage Co. of Syracuse represented the seller of the property and Cushman & Wakefield / Pyramid Brokerage Co. of Albany represented the purchaser.

Peter Struzzi and Jeffrey D’Amore of Cushman & Wakefield / Pyramid Brokerage Co. will represent the new owner as the leasing agents for the plaza.

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