CB Richard Ellis/Syracuse brokers two commercial real estate sales totaling $3.125 million
According to Michael Finn, managing partner of CBRE/Syracuse, the company has completed the following two commercial real estate transactions totaling $3.125 million:
* Peter Finn, executive vice president, and Patty Kwasniewski exclusively represented the trustee, U.S. Bank, in the $2.5 million sale of the former Central New York Charter School for Math and Science, located at 601 E. Genesee St. The site features two buildings, Reid & Peck Hall, totaling a combined 61,760 s/f. Prior to the buildings' conversion to a grade school, they were previously owned and occupied by Syracuse University, serving as an extension to their academic and administration facilities. The property was purchased by the development team of William Gilberti and Josh Heintz.
* Peter Finn exclusively brokered the $625,000 sale of the former veterinary hospital at 6606 Kinne Dr., DeWitt. The Macerich Company, owner and operator of the ShoppingTown Mall, acquired the building as part of its pending redevelopment and repositioning of shopping town mall.Michael Finn
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
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.
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,
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
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