News: Brokerage

CBRE | Syracuse leases 216,195 s/f and secures $416,000 in sales; Includes 39,242 s/f office lease by Kiesa and Anninos

Michael Finn, managing partner of CBRE | Syracuse, revealed the following commercial real estate leases totaling 216,195 s/f and $416,000 in sales: * Ed Kiesa, CCIM, and Bill Anninos, senior broker, were the exclusive listing agents in the lease of 39,242 s/f of office space at 443 Electronics Pkwy., Liverpool. Barton & Loguidice, an engineering, environmental and landscape architecture firm, is relocating its Elwood Davis Rd., North Syracuse office to the First Republic Office Park for its larger space and first class amenities. JF Real Estate represented the tenant. * Peter Finn, executive vice president, and Anninos, with Carl Eriksen, of CBRE | Saddle Brook, NJ, represented corporate client IBM in the lease renewal of 137,019 s/f of office space at 1701 North St., Endicott. * Anninos, with Travis Price, of CBRE | Cincinnati, represented the tenant, WinSupply Co., in the lease of 20,000 s/f at 6660 Joy Rd. This is a new territory for WinSupply Co., which offers residential and commercial plumbing supplies, as well as providing electrical supplies to contractors. Anderson Barney was the listing agent. * Marty Dowd was the exclusive listing agent in the $216,000 sale of 404 Oak St., Syracuse to LJR Properties, LLC, a real estate development company. LJR Properties will occupy a portion of the 19,305 s/f office building and lease the remaining space to other tenants. RE/MAX Realty Plus represented the buyer. * Anninos, with Kristin Dragon, of CBRE | Cincinnati, represented the tenant, Shred-It, in the lease of 15,200 s/f of commercial space at 4 Dwight Park Dr., East Syracuse. Shred-it, a document management company, is relocating from another Adler Dr. location. * Dowd, with Gareth Hallam, of CBRE | Washington D.C., represented the tenant, Booz Allen Hamilton, in the lease renewal of 4,734 s/f at 500 Avery Ln., Rome. This is the only Upstate New York location for Booz Allen Hamilton, a national company that provides management and technology consulting and engineering services. The landlord is EGC Properties, LLC. * Kiesa and Dowd were the exclusive listing agents in the $200,000 sale of 6883 E. Genesee St., Fayetteville. The 3,411 s/f office building was purchased by the adjacent property owner, a local financial advisor. The property will serve as an expansion of the owner's business and provide additional parking.
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