News: Brokerage

D’Amore of Cushman & Wakefield|Pyramid brokers $1.875m

93 West Campbell Road - Schenectady, NY

 

Jeffrey D’Amore

Schenectady, NY According to Cushman & Wakefield | Pyramid Brokerage Co., the former Sears at Via|Port Rotterdam was purchased by United Auto Supply, a Syracuse-based wholesale distributor of aftermarket automotive parts and accessories. 

The 103,296 s/f building sold for $1.875 million, and will become United Auto Supply’s regional distribution hub. This $6 million dollar investment is expected to create up to 150 jobs and will service customers in Northeastern New York and New England.  

Jeffrey D’Amore, SIOR, executive director of Cushman & Wakefield | Pyramid Brokerage Co. was the exclusive broker for the seller.  The Via Port mall also includes Via Aquarium, Via Entertainment, 99 Restaurant, Champs Sports, Bath & Body Works, The Avenue, Christopher & Banks, Foot Locker, Victoria’s Secret, Rainbow, Zurich Cinemas, and Shoe Department Encore.

Cushman & Wakefield | Pyramid Brokerage Co. is one of Upstate New York’s largest and only regional commercial real estate services firms with over 100 agents in 10 offices.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

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,