News: Brokerage

CBRE | Syracuse completes two sales and multiple leases; $175,000 sale of 929 Avery Avenue - 4,705 s/f retail building

Michael Finn, managing partner of CBRE | Syracuse, revealed the recent commercial real estate transactions: * Bill Anninos represented the tenant Barnhart Crane & Rigging in the lease of 17,434 s/f of commercial space at 7200 Fly Rd. Barnhart Crane & Rigging is a heavy rigging and transportation services company. Pyramid Brokerage Company represented the landlord. * Executive vice president Peter Finn and Larry Van Der Bogart exclusively brokered the sale of 1906 Brewerton Rd. (Rte. 11). The 7,800 s/f commercial building formerly occupied by Verizon, was purchased by a Florida investment group, who will redevelop the building for future tenancy. * Mark Rupprecht, CCIM, and Marty Dowd represented the tenant, logistics company DHL, in the lease of 7,500 s/f of warehouse space at 16 Corporate Circle. DHL relocated to this shipping center from Eastwood. Oliva Companies represented the landlord. * Ed Kiesa, CCIM, represented the tenant, law firm Farchione & Bowman, LLP, in the lease renewal of 4,345 s/f of office space at 217 Montgomery St. Pemco Group represented the landlord. * CBRE | Syracuse exclusively brokered the $175,000 sale of 929 Avery Ave. Cathy Comer purchased the 4,704 s/f retail building, where she plans to open a restaurant/catering business. She currently runs Cathy's Corner Cafe on James St.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent