Category: Brokerage
Newmark Ciminelli brokers two lease transactions for Wells Fargo offices totaling 13,000 s/f
February 14, 2023
Buffalo, NY Newmark Ciminelli’s brokerage services team completed two leasing transactions for the multinational financial services company, Wells Fargo. Wells Fargo engaged the team at Newmark Ciminelli to advise them on two of their existing Buffalo-area office locations, which led to two
IPA brokers sale of The Plaza at Salmon Run - 68,761 s/f
February 14, 2023
Watertown, NY Institutional Property Advisors (IPA), a division of Marcus & Millichap, sold The Plaza at Salmon Run, a 68,761 s/f grocery-anchored retail plaza. “Located in one of Upstate New York’s dominant regional shopping areas, The Plaza at Salmon Run is close to Fort Drum, a U.S. Army’s military
Rural Housing Coalition produces mobile home community preservation guide
February 14, 2023
Albany, NY The Rural Housing Coalition has produced a Mobile Home Community Preservation Manual that shows how residents can keep their mobile home communities through cooperative or non-profit purchase of the mobile home park from private owners.
Snyder, Roth and Murphy of University Hill Realty arrange $8.05 million sale
February 14, 2023
Syracuse, NY Christopher Snyder, Norman Roth, and Dan Murphy, licensed New York State real estate brokers with University Hill Realty, Ltd., facilitated the assemblage and sale of six tax parcels spanning East Genesee St., South Crouse Ave., and East Fayette St.
Sutton Real Estate Company, LLC. brokers three sales totaling $1.7 million
February 14, 2023
Camden, NY Stephen Saleski of Sutton Real Estate Company, LLC brokered the sale of 27 Main St., a 12,000 s/f retail plaza, owned by the Bellinger Irrevocable Trust, which sold to 437 Liberty St. LLC for $556,000. There were no other brokers involved.
Vanguard-Fine brokers two transactions
February 14, 2023
Glenmont, NY Kenneth Brownell and Paul Bulmer of Vanguard-Fine, LLC and Brian Donovan of Donovan Real Estate Services brokered the lease of the 1,000 s/f ATM space between JP Morgan Chase and Livos Albany Group, LLC c/o Schuyler Companies.
Largo Group arranges $5.4m to refinance a MHC
February 14, 2023
Niagara Falls, NY Jack Phillips, principal at The Largo Group of Companies, arranged $5.4 million refinancing for a manufactured housing community. The project will total 148 pads. The park is considered a four-star property with double wide lots, paved roads, curbing, streetlights, landscaping, and an on-site property manager.
Cleeman Realty Group sells 4,500 s/f McDonald’s site for $2.29 million
February 14, 2023
Tonawanda, NY Cleeman Realty Group has completed the $2.29 million sale of a McDonald’s situated on an outpad in front of a Tops Supermarket anchored center. The net lease property is located on Young St. and consists of 4,500 s/f on 1.25 acres. The McDonald’s has been at the location since the early 1990s
Denham Wolf Real Estate names Innocent and Turner as new shareholders
February 14, 2023
Manhattan, NY Denham Wolf Real Estate—as it celebrates its 25th anniversary—named Ronzard Innocent and Christopher Turner as shareholders of the firm. Their new roles as managing directors and principals reflect their promotions from their respective roles as director of project management and director of transaction services.
John Marshall Media signs 4,944 s/f 10-year lease renewal at 630 Ninth Ave.
February 14, 2023
New York, NY Multi–Grammy Award-winning production studio John Marshall Media has signed a ten-year lease renewal for its 4,944 s/f on the 11th floor of 630 Ninth Ave., also known as the Film Center Building, with GFP Real Estate, LLC.
Blumenfeld Development Group signs Centers Urgent Care to 10-year lease at The Crossings
February 14, 2023
Syosset, NY The Blumenfeld Development Group (BDG) arranged the 10-year lease signing with Centers Urgent Care, a Medical Care company, at The Crossings in Hunts Point. The 2,000 s/f urgent care facility is scheduled to open in the summer of 2023.
ERG Commercial R.E. sells two adjacent multifamily buildings for $4.55 million
February 14, 2023
Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55 million. The four-story buildings, at 502 and 508 Van Cortlandt Park Ave. in the McLean Heights neighborhood, features 46 units, totaling 38,948 s/f. The buildings were built in 1927 and 1922.
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