Furlani, Redmond and MacAffer of CBRE/Albany handle $1.4m sale
According to CB Richard Ellis/Albany the $1.4 million sale of 143 Montgomery St. has been completed. Gordon Furlani, Peter Redmond, SIOR, and Ann MacAffer, CCIM, of CBRE handled this transaction.
This 494,000 s/f former freezer/cooler and dry storage facility is visible from I-787 and sits on 1.1 acres. Plans for a conversion will be forthcoming. The building was sold by Albany Assets, LLC and was purchased by Northeast Realty Holdings, LLC.
CBRE/Albany is a partner office of CBRE Group, Inc., an S&P 500 company headquartered in Los Angeles. With over 24,000 employees, the company serves real estate owners, investors and occupiers through more than 300 offices worldwide.
Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has completed 100,000 s/f of leasing activity over the past year at 387 Park Ave. South, highlighted by a new lease with Hanover Park and the expansion and extension of PMG Worldwide totaling more than 58,000 s/f.
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