News: Brokerage

Finn and Rupprecht of CBRE Syracuse sell 5,300 s/f for $1.435 million

5741 South Transit Road - Lockport, NY

Lockport, NY CBRE Syracuse sold a 5,300 s/f bank branch and leased 2,400 s/f of office space in separate transactions.

Michael Finn, CCIM and Mark Rupprecht, CCIM of CBRE Syracuse exclusively represented the owner in the sale of 5741 South Transit Rd. (M&T Bank). The property, a 5,300 s/f building on a .19 acre lot, was purchased for $1.435 million by Plaza Group 189, LLC.

Donald French of CBRE Syracuse leased a 2,400 s/f office space in East Syracuse to Ducks Unlimited, Inc. The entire building size is 22,280 s/f and is located at 159 Dwight Park Circle.

MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

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
A guide to finding the right NYC property management company - by Sanjay Gandhi

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