News: Brokerage

CB Richard Ellis names Gleason vice president

According to CB Richard Ellis/Rochester, Harry Gleason, an experienced industrial and commercial real estate broker, has been named a VP with the firm. With over 18 years of tenure in the commercial market, Gleason has focused on industrial landlord and tenant representation. Most recently, he was recognized by NYSCAR for the 2008 and the 2009 Deal of the Year, each award shared with his colleague Joe Rowley, also of CBRE. His long list of clients includes many local and regional companies, as well as national firms such as: General Motors; Danisco/Genencor; Frito Lay; Ford Motor Leasing; GMAC Commercial Mortgage; Petsmart; and US Food Services. For additional information on the Rochester office of CBRE, please visit: www.cbre.com/rochester.
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Columns and Thought Leadership
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,
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