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.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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
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
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.
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