News: Brokerage

CBRE/Syracuse brokers $578,000 in sales and 12,600 s/f for two leases

According to Michael Finn, managing partner of CB Richard Ellis/Syracuse, the company has completed three sales totaling $578,000 and two leases totaling 12,600 s/f. Peter Finn, executive VP, and Larry Van Der Bogart, of CBRE, represented Midler Court Realty, LLC, in the $500,000 sale of 6040 Tarbell Rd. The 60,000 s/f building was formerly occupied by Fiserv/JP Morgan. The new owner, Pemco Properties, plans to redevelop the building into a multi-tenant office/flex building. Marty Dowd and Dave Thomas of CBRE brokered the $45,000 sale of 106 W. Liberty St., Rome, to Rofin, LLC. The 5,000 s/f office/retail building is part of Portfolio Roma, a 171,000 s/f portfolio of office buildings. Paul Roach of CBRE brokered the $33,000 sale of 25 acres on Rockwell Rd., Syracuse. Patrick and Connie Shaffer purchased the land, which is adjacent to their residential property, from John McDonald and the SPCA of Florida. Van Der Bogart represented Northrop Grumman in the 7,800 s/f renewal of office space at 555 French Rd., New Hartford. He also represented Cardinal Health in the 4,800 s/f renewal of office space at 6075 E. Molloy Rd., East Syracuse.
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