News: Brokerage

Arcuri of Syracuse Realty Group facilitates three transactions

Michael Arcuri, CCIM

North Syracuse NY Syracuse Realty Group completed the following transactions:

6597 Joy Road - East Syracuse, NY

Michael Arcuri, CCIM, of Syracuse Realty Group acted on behalf of the  buyer, 6597 Joy Road, LLC, in the $535,000 purchase of 6597 Joy Rd. in East Syracuse. The subject  contains 10,000 s/f of flex space. Tom Wenzel of Hanna Commercial Real Estate represented the seller, Joy Road Associates, LLC.

821 Cliff Street - Ithaca, NY

Arcuri acted on behalf of the tenant, Retina Vitreous Surgeons of CNY for a 2,551 s/f medical lease. The subject is located at 821 Cliff St. in Ithaca. American Blue-Sky Holdings, LLC, the landlord, was represented by David Huckle of Pyramid Brokerage Co. The 10 year lease is valued at $410,000.

189 South Bay Road - Cicero, NY

Arcuri represented the landlord, 6189 South Bay Road, LLC, in a 5,000 s/f flex space lease at 189 South Bay Rd. in Cicero. Joseph Scripa of The Scripa Group acted for the tenant, Syracuse Rustproofing, Inc. The seven-year lease is valued at $350,000.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,