Bent of Charter represents buyer in $3.775m sale of 42,000 s/f office building
The class A four-story office building 90 Air Park is located directly across the Rochester International Airport. The building is 100% leased and contains a helicopter pad and hanger space. The building faces the main runway and the airport terminal.
Richard Chiarenza, president and owner of Frontier Management of New York, Inc. is the buyer of the Air Park office building. Chiarenza wanted a corporate presence for his growing property management firm that owns and manages fifteen apartment communities, which represents 1,200 units in the greater Rochester area.
Moving his corporate headquarters to Air Park is central to Chiarenza's plans for future expansion and acquisitions.
Jack Bent of the CHARTER Brokerage division of The Cabot Group, served exclusively as Chiarenza's buyer agent for site selection and negotiations. Tom Lockwood of Keller Williams-K W Commercial represented the seller, Norcross Aviation.
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.
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