News: Brokerage

Pyramid arranges two sales totaling $857,000 and a 23,257 s/f lease

Pyramid Brokerage Company has completed two sales totaling $857,000 and a 23,257 s/f lease. The transactions include: * Carmen Davoli of Pyramid brokered the sale transaction of the former Club 37, located at 3717 Brewerton Rd. in North Syracuse. The 8,796 s/f building, situated on 3 acres on Rte. 11 sold for $437,000 to Warner's Road Development LLC. * Michael Kalet of Pyramid brokered the sale of the investment property located at 6424 East Taft Rd. in Cicero. The 22,688 s/f warehouse and showroom facility was sold to a local construction company for $420,000.  The new owner intends to use the property as an investment and keep A.H. Harris as a long term tenant.  Pyramid represented the seller-CHH of New York-in this sale transaction. * John Clark, SIOR, CRE, and Brian Balash of Pyramid, brokered the 23,257 s/f office lease at 5823 Widewaters Pwy. 3PD Incorporated, a delivery service company specializing in last-mile delivery and logistics leased the space for its regional office.  Pyramid represented the landlord-HUB Trust Properties and Bill Annios of CBRE represented the tenant in this lease transaction.
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.
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
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