Acquest Holdings to acquire 2.2 million s/f Kodak Park South
Acquest Holdings has recently agreed to purchase 2.2 million s/f of the former Eastman Kodak Co. warehouse space.
The CBRE/Rochester office oversaw the auction of the Kodak Park South complex, in which Acquest outbid four other companies.
The 330-acre Kodak property contains two buildings, 200,000 s/f and 2 million s/f respectively. The buildings had previously been used for the storage and warehousing operations for film and photo-related products.
According to William Huntress, president of Acquest, Care Stream will lease 150,000 s/f and Kodak will lease another 200,000 s/f on a month-to-month basis.
Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account