Ferro and Gibbons of Prudential Blake Commercial broker $4 million sale ; Redmond of CBRE-Ablany represents seller, Tab Associates

Richard Ferro and Julie Gibbons of Prudential Blake Commercial, Realtors of Albany, closed a sale on 11.64 acres of vacant land located at 4 Winners Circle, at a price of $4 million. Ferro and Gibbons represented the buyer, Capital Communications Federal Credit Union, culminating a three year effort that involved identification and analysis of more than 20 candidate sites as Cap Com FCU sought a location for a new 118,400 s/f headquarters building. Peter Redmond of CBRE- Albany represented TAB Associates LP, the seller.