Cushman & Wakefield|Pyramid closes 10 sales and handles three leases totalling 79,947 s/f

July 02, 2019 - Upstate New York

Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. (C&W|Pyramid) has closed the following transactions:

• The former Rite Aid building at 4975 Bear Rd. has been sold. CGP Acquisition & Development purchased the 11,134 s/f building on 1.84 acres for $1.4 million from Syracuse Real Funding. CGP plans to redevelop the property into a Dollar General. William Evertz of C&W|Pyramid exclusively marketed the property and represented the seller, while Troy Bullock represented the buyer.

• Edos Manufacturers Reps leased 12,000 s/f of industrial warehouse space at the Salina Industrial Powerpark at 1 General Motors Dr. Paul Mackey and John Clark, SIOR, CRE of C&W|Pyramid represented the landlord Racer Trust, while Donald O’Leary represented the tenant.

• The former St. Cecilla’s School located at 103 Third St. was sold. St. Cecilla’s Roman Catholic Church sold the 35,000 s/f building on 2.43 acres to a developer with plans for a multifamily conversion. Joyce Mawhinney MacKnight of C&W|Pyramid exclusively marketed the property, and represented the seller. The sale price was not disclosed.

• The Faith By Love Church purchased a 9,500 s/f building at 1828 South Ave. Maurice Wightman sold the property for $152,500. Bullock represented the buyer.

• A 4,692 s/f multifamily building at 212 Highland St. was sold by 212 Highland Street LLC. Tom Capozzi of C&W|Pyramid exclusively represented the marketing of the property and facilitated the sale on behalf of the seller. The sale price was not disclosed.

• The Artic Island & Broadway Café located at 210 West Seneca Tpke. was sold. Melissa Menon purchased the business along with the 4,393 s/f building. Samuel Vulcano of C&W|Pyramid exclusively represented the marketing of the property and facilitated the sale on behalf of the seller, 210 West Seneca Turnpike LLC. The sale price was not disclosed.

• Mattress Express leased 4,500 s/f 286-288 Rte. 104 in Oswego. Greg Hamel of C&W|Pyramid brokered this lease transaction on behalf of the landlord, Adirondack Properties LLC.

• ADHD And Autism Physiological Services purchased a 11,134 s/f office building at 1031 East Fayette St. 1031 E Fayette Associates sold the property for $1.018 million. Christopher Savage and Samuel Vulcano of C&W|Pyramid represented the buyer.

• Custom Lighting Service purchased the 14,576 s/f office service building at 6518 Fremont Rd. NYS Linemans Safety Training Fund sold the property for $725,000. From C&W|Pyramid, Gary Cottet represented the buyer and David Carnie and Stephen Scuderi exclusively marketed the property and represented the seller.

• The 12,720 s/f freestanding garage building located at 526 South Main St. in Central Sq. was sold. Cleveland Garage LLC purchased the property for $100,000 from Estate of Brian Gristwood. Christopher Savage of C&W|Pyramid exclusively marketed the property and represented the seller.

• The Herkimer County Chapter of NYSARC leased the 63,447 s/f industrial distribution facility at 131 Riverside Industrial Pwy. in Little Falls. Jeffrey D’Amore of C&W|Pyramid was the sole broker. D’Amore exclusively represented the marketing of the property and facilitated the lease. 

• The former Chadwicks Elementary School, at 3354 Oneida St., Chadwicks, was sold. D’Amore exclusively marketed the 44,000 s/f building on 1.86 acres and represented the seller. The sale price was not disclosed.

• The 28,000 s/f industrial distribution facility at 25121 State Rte. 3 in Watertown was sold by MDD LLC to Chamberlain LLC for $630,000. Christopher Clark of C&W|Pyramid exclusively marketed the property and facilitated the sale.

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