News: Brokerage

CBRE/Syracuse brokers $835,000 in sales and 22,941 s/f in leases

CBRE/Syracuse has completed the following transactions. After Ed Kiesa brokered the $500,000 sale of the 20,800 s/f commercial building at 46 Columbus St., Auburn last fall to United Auto Supply, the company occupied about half the building and retained CBRE services to broker the lease of the remaining 10,596 s/f of unoccupied space. Steigerwald Wholesale Electric, an electric and lighting supply company, had sold its West Genesee Street, Auburn building and had a short period of time to find a property. Kiesa coordinated negotiations for the lease and improvements. Mark Rupprecht, CCIM brokered the $380,000 sale of 6160 Eastern Ave., Syracuse, a 28,350 s/f commercial building sold by M & T Bank to Henderson Companies. Rupprecht and Donald French brokered the $280,000 sale of 1770 Lemoyne Ave., Syracuse, a 20,000 s/f commercial building sold by Penn Traffic to Bresky Associates. Marty Dowd exclusively brokered the $175,000 sale of the former Mobil gas station property at 5859 Rte. 31, Cicero. The half-acre parcel includes a 1,572 s/f building. Arrow Auto Glass is relocating from across the street and will renovate the building for use as a retail and service outlet. Larry Van Der Bogart brokered the lease of 8,000 s/f at 2001 Lemoyne Ave., Syracuse to Mountain Glacier, a distributor of assorted bottled water and coffee products. The company relocated from its Pickard Dr., Syracuse location. Other locations for Mountain Glacier include Buffalo and Rochester, as well as locations in Indiana and Texas. Ed Kiesa represented the law firm Farchione & Bowman in the lease of the 4,345 s/f entire sixth floor at the Hills Building, 217 Montgomery St., Syracuse. Farchione & Bowman relocated from its Walton St., Syracuse location for the newer upgraded finishes and better layout of the Montgomery St. office space.
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