Charterhouse Development buys Rite Aid Pharmacy site at 7939 Brewerton Rd. in Cicero

Cicero, NY Charterhouse Development Corp. has purchased a Rite Aid pharmacy at 7939 Brewerton Rd.

The store totals 11,180 s/f and was acquired by an entity operated by Charterhouse Development from Cicero ECK LLC for $2.67 million.

“This centrally located property serves residents of Cicero and the surrounding communities and we welcome the opportunity to be a part of the greater Syracuse region,” said Meredith Roy, president of Charterhouse Development.

“This property is a fantastic addition to our expanding presence in the Northeast market” said Brandt Sharrock, vice president at Charterhouse Development. “We continue to grow, and the Syracuse region fits well within our strategic geographic expansion.”

Rite Aid is a nationally recognized pharmacy chain with over 4,000 locations across the U.S.

Tags: Brokerage

Reprint

Previous Story Next Story

CBRE broker $14.9 million sale of Lexington Riverview in Fair Lawn, N.J.

Fair Lawn, NJ Representatives of CBRE, led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Eric Greenberg of CBRE Institutional Properties, in partnership with Charles Berger of CBRE Investment Properties,

Carvel, Cinnabon and Auntie Anne’s to open combination location at One Sixteen in Rockaway Park

Investment Property Realty Group closes $2.65 million sale of 723 6th Ave. in Greenwood Heights

IPRG closes $2.65m sale of 723 6th Ave.

CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

Neighborhoods, not apartment complexes, build resilient communities that are safer, healthier, and more prosperous - by Paul Adler

Neighborhoods, not apartment complexes, build resilient communities - by Paul Adler

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

Real estate tax challenges: More about value, less about taxes - by Robert Renda and Christopher Terrell

Columns and Thought Leadership

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.

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,

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