News: Brokerage

Axcellis Technologies leases 3,000 s/f in Albany

Axcelis Technologies, headquartered in Beverly, Mass,, has recently leased 3,000 s/f of newly constructed space in the Tech Valley Flex Park on Wood Rd. Axcelis Technologies designs, manufactures, and services capital equipment for the semiconductor production industry. They are one of the many support firms and startups anticipated to come to the region due to the presence of Global Foundries. The Cresa national corporate real estate network provided Axcelis with tenant representation services. Cresa gave Axcelis' corporate headquarters direct support through its Boston office, while local market expertise was delivered by Leah Capobianco and Matthew Guidarelli of the Cresa Albany Office. Donald MacElroy represented the landlord, DCG Development, of Clifton Park.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
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.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional