News: Brokerage

Blake and Sena of Cushman & Wakefield/Pyramid Brokerage Co. broker 63,800 s/f industrial lease

Guy Blake, CCIM, and Nick Sena of Cushman & Wakefield/Pyramid Brokerage Co.'s Hudson Valley office recently brokered the lease of 63,800 s/f of industrial space at 45 Turner Dr. for a distribution center. Blake and Sena represented the owner, The Frassetto Cos., while the tenant, Sunwize Technologies, was represented by San José-based Cresa Partners and Albany-based Conley Associates. "It's a great building for SunWize," said Blake. "It is one of very few in the area that has the s/f and ceiling heights they needed." The 166,700 s/f building is now fully leased to a variety of industrial tenants, including Safelite Auto Glass, Southern Wine and Spirits (also brokered by Pyramid), and Piller, a manufacturer of mission critical power solutions. SunWize Technologies, a Kingston based solar design and manufacturing firm, produces solar power systems for residential, commercial, and industrial applications, and also provides solar energy design services. Last year, SunWize received the Solar Leadership Award at the 2010 New York Solar Industries Conference and continues to make huge strides in the renewable energy arena. They are currently installing the industry's largest solar carport application of 4.45 megawatts of photovoltaic solar production, making use of more than 18,000 solar panels. Cushman & Wakefield / Pyramid Brokerage Company's Hudson Valley office is located at 356 Meadow Ave., Newburgh.
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