News: Brokerage

Sutton Real Estate closes $5.67 million in sales and leases 6,462 s/f; Includes $1.2 million sale of former Retreat by Feinberg

Syracuse, NY Sutton Real Estate completed the following sales totaling $5.67 million and 6,462 s/f in leases: • Andrea Bucci brokered the sale of a Syracuse University Student Housing property for $425,000. The seller was Student Housing LLC and the buyer was SSJZ, LLC and financed by Empower FCU. Bucci also brokered the sale of an apartment building on Grolier Rd,. Syracuse for $595,000. • Bart Feinberg brokered the $2.65 million purchase of 4616 Crossroads Parks, a 84,000 s/f storage and distribution facility located at 4616 Crossroads Park Dr., Liverpool to SEKO Worldwide. • Feinberg brokered the sale of an office building located at 731 James St., Syracuse for $800,000. The seller of the property was James Street LP, California and the buyer was Hometown Communities, LLC, with financing provided by Empower FCU. • The former Thornfield Retreat on Cazenovia Lake consisting of 37 acres with 750 feet of lake frontage was sold by the Episcopal Diocese of CNY for $1.2 million to be developed into condominiums. The sale of the property was brokered by Feinberg. • Larry Socia represented Liberty Travel in their leasing of 2,112 s/f in Fayetteville Town Center and Joy Carpet in their leasing of 4,350 s/f in Glenn Crossing Plaza, Liverpool.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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 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