News: Brokerage

O'Neill and Schiller of Pyramid Brokerage Co./Cushman & Wakefield market and sell 56,840 s/f in West Seneca for $1.4 million

Daniel O'Neill SIOR and David Schiller SIOR both from Pyramid Brokerage Company/Cushman & Wakefield marketed and sold 130 and 150 Empire Dr. The sale price was $1.4 million. 130 Empire Dr. was initially designed and used as a warehouse, later expanded and adapted for use as a 37,340 s/f medical office. 150 Empire Dr. totals 19,500 s/f and was constructed in the mid-1990s as a warehouse. The seller, Excellus Health Plan, the owner of Univera and part of Lifetime Healthcare Companies of Rochester, was represented by O'Neill and Schiller. The buyer, Reena Enterprises Ltd. of Scarborough, Ontario, was represented by CBRE's Steve Blake and Lida Eberz. "We had a lot of interest in this, including similar kinds of industrial users," Schiller said. "We saw it as an office or flex building for an industrial user and that's what it turned out to be."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing