Blake of Cushman & Wakefield/Pyramid completes $3.2m sale of storage facility; reps seller, That Storage Place

1586 Rte. 28 - West Hurley, NY

West Hurley, NY Guy Blake, CCIM, an associate real estate broker with Pyramid’s Hudson Valley office, successfully brokered the sale of That Storage Place for $3.2 million. Blake represented the seller, That Storage Place, LLC. The facility is located at 1586 Rte. 28 and consists of 46,800 rentable s/f of drive up selfstorage and a 1,200 s/f office building. It sits on a 9.6 acre site

Guy Blake, Pyramid

with room and approvals for an additional 32,000 rsf. The property and business was purchased by a group of local investors. “It was a great upside opportunity. The facility was 95% occupied and needed additional units immediately. The new owners are putting up another 13,500 rsf already,” said Blake.

Tags: Brokerage

Reprint

Previous Story Next Story

Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons

Middle Island, NY Roger Delisle and Robert Monahan of Island Associates negotiated the lease for the Giunta’s Meat Farms to occupy 45,000 s/f at Strathmore Commons.

Delisle and Monahan of Island Associates broker 1,110 s/f lease extension for Kings Insurance

Island Associates brokers 1,110 s/f lease extension for Kings Insurance

Island Associates lease 1,050 s/f at Marion Oak Plaza

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Marcus & Millichap sells 17-unit multi-family for $8.8m

Big V Property Group acquires ...

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

LMXD, MSquared and Taconic Partners launch leasing at Miramar

Columns and Thought Leadership

Strategic pause - by Shallini Mehra and Chirag Doshi

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

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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