News: Brokerage

CBRE | Albany brokers 14 leases totaling 52,386 s/f and seven sales; includes $1.325 million by Elkind and MacClarence

CBRE | Albany have brokered the following transactions: * Dan Simpson, CCIM and Laurie Tylenda of CBRE sold 62 Hackett Blvd. This 14,400 s/f medical office building was sold by Hackett Properties, LLC for $1.109 million. Realty USA represented the buyer. * Dan Davitt and Tom Savino of CBRE brokered the $550,000 sale of 3 Northway Ln., Colonie. The single story 9,487 s/f office/warehouse building was sold by Solat, LLC and purchased by Melrose Group, LLC. CBRE represented the seller and Conti Appraisal represented the buyer. * Davitt brokered a lease of 1,395 s/f at 17 British American Blvd., Latham. Systems Maintenance Services Holdings Inc. leased space from B.A. Ventures, LLC. * Craig Darby of CBRE brokered the $775,000 sale of 1150 Rte. 9 in the Saratoga County town of Moreau. This is a 7,472 s/f warehouse on 31 acres. The seller was Leroy Kubricky Trust and the buyer is KCWR Holdings LLC. * Peter Redmond, SIOR of CBRE brokered a 10,400 s/f office/warehouse lease at 16 Hemlock St., Colonie. D&D Power, Inc. leased the space from TAB Associates, LP. CBRE represented the landlord and Crisafulli Associates represented the tenant. * Ann MacAffer, CCIM of CBRE brokered a lease of 4,566 s/f of office space at 433 River St., Hedley Park Pl., Troy to Workforce Development Institute, Inc. The landlord is First Columbia 433 River Street LLC. * John MacAffer of CBRE brokered a lease of 1,305 s/f of office space at 4 Automation Ln., Colonie. Brisk General Contracting leased the space from Computer Park Associates, Inc. * John MacAffer brokered a lease of 4,500 s/f of retail space at 814 Hoosick Rd., Brunswick. Timothy Robinson leased the space from CS 5 LLC. * Jonathan Elkind and Tom MacClarence of CBRE brokered the $1.325 million sale of 55 Commerce Ave. The 7.8 acre redevelopment site was purchased by Scannell Development Co. from HP Hood, LLC. NAI Platform represented the buyer. * Simpson and Darby brokered a 2,000 s/f lease at 23 Executive Park Dr., Halfmoon. CBRE represented the tenant, Saratoga Academy, and Prudential Blake represented the landlord, WEDS, LLC. * John MacAffer and John Tracy of CBRE brokered two leases at St. James Sq. in Niskayuna. 1,614 s/f was leased to Tropics Tanning Salon, LLC and Splash Nail Salon leased 1,800 s/f. * John MacAffer and Jeff Sperry of CBRE brokered the $260,000 sale of 4507 State Rte. 30, Middleburgh, which is a 2,137 s/f former bank branch building on 1.25 acres. National Bank of Coxsackie purchased the property from Berkshire Bank. * Darby and Davitt brokered a 3,700 s/f warehouse lease at 9 Morris Ln., Clifton Park. CBRE represented the tenant, Performance Contracting Inc. * Simpson brokered the $125,000 sale of a 4,680 s/f retail building at 19-21 Church St. in Melrose. ERC Vommunity Warehouse purchased the property from Eleanor Messia. CBRE represented the seller, the purchaser was represented by Reynolds R.E. * Savino brokered a 2,000 s/f lease of retail space at 4208 Jones Rd. (Rte. 50), Wilton to VinCourt LLC. CBRE represented the landlord, Stewarts Shop Corp. * Simpson brokered a 3,364 s/f lease at 1462 Erie Blvd., Schenectady. CBRE represented the tenant, RSC, LLC, and Carrow Real Estate Services represented the landlord, Legere Properties. * Tylenda brokered a 11,167 s/f lease at 455 Patroon Creek Blvd. CBRE represented the tenant, RBC Capital Markets, LLC, and Columbia Development represented the landlord, Columbia Harriman 455, LLC . * Gordon Furlani of CBRE has brokered a 2,275 s/f lease at 1650 Crane St., Schenectady. CBRE represented the landlord, Guidarelli Realty, while Coldwell Banker Commercial represented Twist N Flip Gymnastics. * Simpson and Savino brokered a lease at 21 Congress Park, Saratoga Springs. Travers O'Keefe leased 2,300 s/f of office space from Eton Centers Co., Inc. CBRE represented the landlord and Larkin Commercial represented the tenant. * Mick Mullins of CBRE brokered the $825,000 sale of 178 Corporate Dr., Gloversville which is a 41,475 s/f warehouse on 4.8 acres. Al Gentile purchased the property from Crossroads Incubator Corp. CBRE represented the purchaser and Vanguard Fine represented the seller.
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