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Posted: September 26, 2011
CB Richard Ellis sells 83,000 s/f building to Empower
CB Richard Ellis/Syracuse recently sold a former needle manufacturing building to Empower Federal Credit Union. Ed Kiesa, CCIM, represented the buyer, Empower Federal Credit Union, in the sale of 1 Needle Ln.
Mark Rupprecht, CCIM, represented the seller, Angiotech, a pharmaceutical and medical device company based in Vancouver, Canada, and a CBRE corporate client. Angiotech had acquired B.G. Sulzle surgical needle company, which formerly occupied the 83,000 s/f Needle Ln. building. Empower Federal Credit Union will be relocating its corporate headquarters and call center from Salina St., after extensive renovations to the new location. The company chose the space for its location, expansive parking, identity and exposure.
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