Cushman & Wakefield executive director Michael DeSantis, of Los Angeles, Calif., and Maureen Wilson, president of Pyramid Brokerage in Binghamton, a Cushman affiliate, represented the seller, The Tribune Company, in the industrial sale of a 164,000 s/f warehouse and office facility.
The property, located on 136 Carlin Rd., was sold to Reed Elsevier for $5 million. The property was occupied by LexisNexis, a subsidiary of Reed Elsevier that publishes and distributes legal texts. LexisNexis will remain in the building.
The buyer was represented by the New York City and Syracuse offices of CB Richard Ellis. Tags: