News: Brokerage

Cushman Wakefield | Pyramid secures multiple sales and leases; Includes $840,000 sale of 126 Dwight Park Circle

Syracuse, NY Cushman Wakefield | Pyramid Brokerage Company arranged the following sales totaling $1.99 million and149,525 s/f in leases: • Salina Industrial Powerpark secured a renewal at their 800,000 s/f facility located at 1 General Motors Dr., Syracuse. Roth Global Plastics has renewed their 103,000 s/f lease, long-term, at their current location in the industrial park. Roth specializes in the designing and implementation of environmentally friendly products for high-performance systems for energy production, storage, and distribution. Paul Mackey and John Clark, SIOR, CRE of Cushman Wakefield | Pyramid Brokerage Company, brokered the leases. • Leslie Osterman Associates, Inc. signed a long-term lease for 23,413 s/f of warehouse and office space at The Lyndale Commercial Park, located at 2801 Court Street Rd., Syracuse. Osterman Associates is a stocking manufacturer’s representative specializing in electrical and lighting products. Mackey represented the landlord and Gary Cottet and John Rogers represented Osterman Associates. • The 3-acre parcel located at 6739 Myers Rd., East Syracuse sold to The DeFrancisco & Falgiatano Law Firm. The firm purchased the property in August 2015 for $150,600 and is planning to build a new office building for their law practice. Cottet brokered the sale. • David Carnie of Cushman Wakefield | Pyramid Brokerage Company represented the tenant Proshred Security in their lease of 2,675 s/f of office service space located at 6067 Corporate Dr., East Syracuse. • The 20,000 s/f industrial building located at 126 Dwight Park Circle, Syracuse, sold to Paul Daly, president of Image Auto, LLC. He purchased the property in July 2015 for $840,000. Michael Kalet of Cushman Wakefield | Pyramid Brokerage Company brokered the sale on behalf of the seller Matrix Real Estate LLC. • The 14,665 s/f garage maintenance facility located at 6014 Drott Dr., East Syracuse sold to Doyle Properties. The firm purchased the property in June 2015 for $650,000 from John & Richard DiMarco. Cottet and Bill Evertz of Cushman Wakefield | Pyramid Brokerage Company brokered the sale. • Morrison’s Furniture Store recently leased 16,637 s/f at the retail store front located at 1068 Arsenal St., Watertown, making this their second Watertown location. Morrison’s Furniture is one of Northern New York’s largest furniture retailers and offers a variety of name brand furniture, carpet and bedding. Christopher Clark of Cushman Wakefield | Pyramid Brokerage Company brokered the lease. • Young’s General Corp. purchased the 11,200 s/f medical office building located at 150 Central Ave., Ilion for $350,000. Michael Conley and Debra Acee of Cushman Wakefield | Pyramid Brokerage Company represented the seller, M&T Bank. • The Skeele Insurance Agency, a fourth generation, family owned and operated professional, independent insurance agency, leased the 3,800 s/f office building located at 121 Main St. West, Waterville. Debra Acee of Cushman Wakefield | Pyramid Brokerage Company brokered the lease transaction.
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