News: Brokerage

Gluckstal and Canzoneri of Sabre arrange $1.2 million sale

Sabre Investment Group has arranged the $1.2 million purchase and leaseback of a Burger King restaurant. The 3,545 s/f restaurant was sold by Carrol's LLC, one of the largest franchisees of Burger King restaurants, which agreed to a lease back deal with the buyer, Poggio Darpi LLC, a Forest Hills-based real estate investor. The restaurant is located at 4371 Portage Rd. Corey Gluckstal and Guy Canzoneri, principals of Sabre, represented the purchaser. Glen Kunofsky, a senior director of Marcus & Millichap, represented the Syracuse-based seller. Sabre Investment Group, established earlier this year, handles investment transactions of shopping centers, multi-family residential and single-tenant triple-net retail properties.
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