CBRE-Albany secures $165,000 sale and 6,000 s/f retail lease; Davitt reps purchaser of 54 James Street in Albany

CBRE-Albany arranged the following sale and lease transaction: * The sale of 54 James St., a 1,100 s/f two-story building. Dan Davitt of CBRE-Albany represented the purchaser, Corinne Luft, and TL Metzger represented the seller, Adrian Berezansky. The property transferred for $165,000. Luft plans to maintain her current operations - "Mug Shots CafÃ©." * A lease of 6,000 s/f at 639 New Loudon Rd., Saints Plaza, Latham to Fancy Schmancy. John MacAffer and John Tracy of CBRE-Albany represented the tenant, Couturiere Designs, Inc. and Falvey Real Estate Group represented the landlord, Saints Plaza, LLC. Fancy Schmancy is currently open for business. CBRE-Albany is an affiliate office of CBRE. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is one of the world's largest commercial real estate services and investment firms (in terms of 2012 revenue). The company has 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide.

Tags: Brokerage

Reprint

Previous Story Next Story

Investment Property Realty Group closes $2.175 million sale of 247 Leonard St.

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

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

GFP continues leasing momentum at 322 Eighth Ave.

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Talonvest Capital earns a 2026 Best Places to Work in Orange County Award from Orange County Business Journal

Columns and Thought Leadership

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

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 (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

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.