Category: Brokerage
DiGennaro, Wolfe and Shtulman of STREAM Capital Partners execute $5.5 million sale
August 6, 2019
Rochester, NY STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, represented the seller in the $5.5 million sale of an industrial property leased to Cintas Corp.
August message from the president of NYSCAR’s Upstate chapter - by Guy Blake
August 6, 2019
NYSCAR will be soliciting committee members for 2020. If you are interested in serving on one or more of NYSCAR’s committees, please consider requesting service. If you have an interest in education, the legislative area, membership, RPAC, Technology, etc. We want to hear from
Magguilli of HUNT Real Estate ERA named to two REAL Trends lists
August 6, 2019
Rochester, NY According to HUNT Real Estate ERA, REAL Trends has named Larry Magguilli to two of its lists. With 300 transactions in 2018, Magguilli ranked #18 nationally, and #1 in New York State
Feinberg of Sutton Real Estate Co. brokers three sales: $3.425 million total
August 6, 2019
Rochester, NY According to Sutton Real Estate Co., Bart Feinberg completed three sales totaling $3.425 million.
Feinberg represented the seller, DuPont, in the sale of
DiMarco Group names Harff a vice president of commercial leasing
August 6, 2019
Rochester, NY According to DiMarco Group, Stephen Harff has joined as vice president of commercial leasing for DiMarco Realty Services. In his new role, Harff will oversee and coordinate the leasing of…
What affects capitalization rate behavior? - by John Rynne
August 6, 2019
Overall capitalization rates are affected by many factors. Interest rates are one of the most notable but somewhat overrated. Overall cap rates are one the most discussed terms in the real estate market. That’s because one of the keys to estimating value for income
Overview of the 2019 Upstate apartment market - by Brian Heine
August 6, 2019
Robert Morgan and four other employees of the Morgan Companies in Rochester have been arrested for submitting false information to mortgage lenders to obtain inflated financing unsettling the upstate New York apartment market. Recently one former executive has…
Bruno joins Axiom Capital as senior vice president of business development
August 6, 2019
Clifton Park, NY Pier-Luca Bruno has joined Axiom Capital Corp. as senior vice president of business development. Bruno is responsible for developing and managing existing and new client relationships
Project of the Month: Broome County to move Office of Employment and Training to allow for growth
August 6, 2019
Johnson City, NY In the Spring of this year, Broome County unveiled plans to move its Office of Employment and Training and a portion of the Department of Social Services (DSS) to the former
Klapper, Gelbtuch, Berger and Guiffre of CBRE handle $6.2 million sale
August 6, 2019
Inwood, NY CBRE has completed the $6.2 million sale of an industrial property located at 500 Bayview Ave. The 40,000 s/f building was purchased by Northbridge Partners. The CBRE investment properties team of Elli Klapper, Jay Gelbtuch and Charles Berger, along with Ralph Guiffre of brokerage services, represented the seller, Signal Transformer.
Bevilacqua Development nearing completion of Transit Meadows: 45,000 s/f office and retail throughou...
August 6, 2019
East Amherst, NY Bevilacqua Development L.P. is now in the final stages of its new development, the Transit Meadows, located on Transit Rd. The project cost was not disclosed. The site totals 45,000 s/f of office and retail space spread over
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