Ferro of Prudential Blake secures three deals totaling $6.3 million; Includes $1.7 million sale brokered by Parisi and Grossman of Trinity Realty Group

Richard Ferro, CCIM, of Prudential Blake Commercial, Realtors represented Cap Com Federal Credit Union in the sale of two properties and the purchase of a third totaling $6.3 million. The first was 453 New Karner Rd., a 5,600 s/f office building that was sold to the New York State Association of School Business Officials at a price of $600,000. Brenda Garretson of CBRE-Albany represented the buyers. The second transaction involved the sale of Cap Com's former corporate headquarters at 18 Computer Dr. East, a 30,978 s/f office building that was sold to JAK 18 Computer, LLC at a price of $1.7 million. The buyers were represented by Kevin Parisi and Mitch Grossman of Trinity Realty Group (TRG). In a third transaction, Ferro represented the Credit Union in the purchase of ten acres which became the site of their new headquarters building. The purchase price was $4 million and CBRE-Albany represented the sellers.