News: Brokerage

LaRocca and Robb of Sutton broker $600,000 sale with Kiesa of CBRE; Sutton also completes nine deals

 

 

 

Syracuse, NY According to Sutton Real Estate Co., the new headquarters for the Syracuse Community Federal Credit Union will open at 1816 Erie Blvd. East. This 1994 medical office building was sold for $600,000. The deal was negotiated by Karen LaRocca and Richard Robb of Sutton. Edward Kiesa of CBRE represented the buyer.

Plans for the building include adding drive-thru banking services by extending a driveway to accommodate vehicle circulation; erecting a canopy for weather-protected services; and interior alterations to accommodate back-office and retail banking with an opening this year.

Additionally, Sutton completed the following transactions:

  • LaRocca and Kristen Nave of Sutton represented CNY Neurological Consulting in a long-term lease of 4,754 s/f at 5,000 Brittonfield Parkway in East Syracuse. Harry Harkaway, of Harkaway Commercial, represented the landlord.
  • Nave and LaRocca represented Medical Center West, an 83,500 s/f medical office building in Camilus, in leases and lease renewals totaling 18,185 s/f. Additional lease details were not disclosed.
  • Nave and LaRocca handled a 2,096 s/f long-term lease at 5972 Route 31 in Cicero to On Care Family Health NP.
  • Nave and Bart Feinberg of Sutton represented Madison Towers, 60 Presidential Plaza in Syracuse in a 930 s/f long-term lease to a juice bar and deli.
  • Nave represented Centre 31 at 6255 Rte. 31 in Cicero in a long-term lease to a 3,000 s/f nail salon.
  • Nave represented the Foundry at 432 N. Franklin St. in Syracuse in a 3,900 s/f long-term lease to C2AE. Ed Kiesa represented the tenant.
  • Feinberg acted as dual agent in a lease between tenant Enterprise Car Rental and landlord William Fuccillo Estate at 523 West Genesee St. The lease is for 5 years with three 5-year renewals.
  • Robb and Feinberg represented Plum Street Management Co. in the $550,000 sale of 514 West Genesee St. Syracuse Habitat for Humanity was the buyer.
  • Feinberg represented JGH Properties, LLC in the $280,000 sale of 112-116 Burnet Ave., a seven-unit apartment building. William T Hutchinson Real Estate was the buyer.
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