News: Brokerage

Cornerstone Group relocates to new Brighton office

Brighton, NY The Cornerstone Group, Ltd. recently brokered the purchase of its new offices for its businesses, at 460 White Spruce Blvd. This multi-tenanted 6,200 s/f building had been previously owned by FGG Florida Partnership Ltd. Rochester Orthopedics had occupied the building until late 2016 and has relocated within the market.

Cornerstone moved its main offices to the building in March, following a renovation of a portion of the space.  The real estate development firm engaged Atlas Contractors LLC for the seven-week renovation, which upgraded the space into a professional, modern office. There is ample parking and a full sized basement for legal office or storage purposes. 

Its central location is ½ mile from Route 390 and the City of Rochester. It is also 1 mile from the brand-new Citygate Shopping plaza (anchored by Costco Wholesale) and 1.5 miles from the new Collegetown mixed-use development. The building is also close to several local colleges, including Monroe Community College (1/4 mile), University of Rochester and Strong Hospital (2 miles), and one of the largest private colleges in the country - Rochester Institute of Technology (3.5 miles).  

Cornerstone continues to expand and currently employs more than 25 people, along with its property management arm Cornerstone Property Managers.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

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
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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