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Brokerage
Posted: November 19, 2007
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
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