News: Brokerage

CBRE-Albany secures 2 sales totaling $1.25 million

CBRE-Albany arranged the following sales totaling $1.25 million and an 8,042 s/f lease: * CBRE-Albany arranged the sale of 900 Albany Shaker Rd. in Colonie. The property is a 21,000 s/f office/lab/distribution facility on 4.62 acres. John MacAffer of CBRE-Albany represented the purchaser, KESAC, LLC and Prudential Blake Atlantic represented the seller, Ernest F. Fullam, Inc. The property transferred for $450,000. * CBRE-Albany arranged the sale of 2222 Central Ave., Colonie, a 2,460 s/f Hess minimart/gas station on ±1.1 acres. Eric Simonds, CCIM, of CBRE-Albany represented the seller, The Estate of Elaine Parente, and Bicentennial Realty represented the buyer, Absar Bhatti, in this transaction. The property transferred for $800,000. * CBRE-Albany arranged a lease of 8,042 s/f at One Apollo Dr. in the city of Glens Falls to Tribune Media Services, LLC. Craig Darby, Jeff Sperry, SIOR and Eileen Lindburg, SIOR of CBRE-Albany were the brokers of record for the transaction.
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