News: Brokerage

Dowd joins CBRE/Syracuse office as senior broker

Marty Dowd has joined the staff at CB Richard Ellis/Syracuse as a senior broker. He earned a bachelor's degree in Business from Niagara University's College of Business Administration. Following graduation, he moved to Boston and worked as a leasing agent for The Beacon Companies. While his main focus was on Boston area properties, he also handled the leasing for One Lincoln Center in Syracuse until its sale in 1984. After nine years with The Beacon Companies, he returned to central N.Y. in 1990, joining National Site Selectors until 1997. He then became a leasing agent for The Pioneer Companies, where he represented Deys Centennial (now handled by CBRE), Electronics Park, and numerous other office properties. In 2005, he became director of real estate at JGB Properties. "I'm anxious to hit the ground running in brokerage," Dowd said. "The market needs a fresh perspective right now."
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.