News: Brokerage

CB Richard Ellis completes three transactions totaling $699,000

Ed Kiesa, CCIM, of CB Richard Ellis, was the exclusive listing agent in the $449,000 sale of 114-116 Hawley Ave., a 14,672 s/f wholesale parts showroom with warehouse. This will serve as an additional location for the buyer, Housing Visions, a company that buys homes in need of repair, and renovates them as part of its neighborhood revitalization efforts. The company will use the property as its warehouse and rental office to serve the northside community. Kiesa assisted the property's owner, R.E. Michel Company Inc., a wholesale distributor of HVAC equipment, parts and supplies, with selling this location, as well as finding R.E. Michel a new location on Washington St. In another transaction, Marty Dowd and Larry Van Der Bogart exclusively brokered the sale of two buildings at 935 and 943 W. Genesee St., which were part of the former Lewis Goodman Chrysler Plymouth properties, owned by Goodman Genesee, LLC. The 6,500 s/f building at 935 W. Genesee St. was purchased for $125,000. The 10,000 s/f building at 943 W. Genesee St., which was also purchased for $125,000, will be the site of Jams Auto Sales & Service, LLC, which is relocating from Old Liverpool Rd., Liverpool.
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