
Conklin, NY Rick Searles of CBRE Syracuse leased a 28,280 s/f industrial space to Meier Supply. The property is located at 216 Broome Corporate Pkwy. Meier Supply is an employee-owned HVAC wholesale distribution business.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,