News: Brokerage

Finn of CBRE/Syracuse sells Manlius Medical Bldg. for $1.725m

Peter Finn, executive vice president of CB Richard Ellis/Syracuse, represented the seller, a Syracuse based investment group, in the $1.725 million sale of the Manlius Medical/Professional Building, 102 W. Seneca Tpke. Realty USA purchased the 20,000 s/f class A, multi-tenant medical and professional office building, and will occupy the remaining 5,000 s/f of available space. Internist Associates of Central New York, PC, one of CNY's leading internal medicine providers, is one of the major tenants of the building. Louie Fournier, president of Sutton Real Estate, also assisted with the sale. Upon a major restoration of the available space, this building will serve as Realty USA's eastern base of operations serving Onondaga County and beyond. Realty USA is the largest, independent real estate company in New York State with over 60 offices and over 2,300 agents and employees. RealtyUSA is ranked #5 in the United States in terms of the largest independent real estate firms.
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CM&B completes 15,000 s/f Activate Games NYC debut in Union Square

Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
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Columns and Thought Leadership
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,
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
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.