News:
Brokerage
Posted: March 10, 2014
CBRE-Albany secures $165,000 sale and 6,000 s/f retail lease; Davitt reps purchaser of 54 James Street in Albany
CBRE-Albany arranged the following sale and lease transaction:
* The sale of 54 James St., a 1,100 s/f two-story building.
Dan Davitt of CBRE-Albany represented the purchaser, Corinne Luft, and TL Metzger represented the seller, Adrian Berezansky. The property transferred for $165,000.
Luft plans to maintain her current operations - "Mug Shots Café."
* A lease of 6,000 s/f at 639 New Loudon Rd., Saints Plaza, Latham to Fancy Schmancy.
John MacAffer and John Tracy of CBRE-Albany represented the tenant, Couturiere Designs, Inc. and Falvey Real Estate Group represented the landlord, Saints Plaza, LLC.
Fancy Schmancy is currently open for business.
CBRE-Albany is an affiliate office of CBRE. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is one of the world's largest commercial real estate services and investment firms (in terms of 2012 revenue). The company has 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide.
Tags:
Brokerage
MORE FROM Brokerage
Bestreich, Reynolds, Davila, and Flaherty of Investment Property Realty Group close $1.97 million sale of 343A Tompkins Ave. in Bed-Stuy
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 343A Tompkins Ave., a mixed-use building located in the Bed-Stuy section of the borough, for $1.97 million.
 (2).gif)
Columns and Thought Leadership
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
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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.
.gif)