NAI Platform brokers sale of 23,000 s/f industrial property
NAI Platform has negotiated the sale of an industrial property located at 4 Enterprise Dr. The 23,000 s/f building sits on 1.5 acres, just off of Erie Blvd.
The buyer, Independent Pipe and Supply, was represented by Tyler Culberson, an industrial property specialist with NAI Platform. Independent Pipe is headquartered in Canton, Mass., with several locations around the Northeast region. The new facility will house their sales and distribution operations for the Capital Region. Independent Pipe and Supply searched for over one year before locating the right facility that met all their needs. This facility will be the buyer's seventh facility throughout the New England Area.
The seller was represented by Michael Dranichak of Huge Realty, LLC.
NAI Platform's experienced team includes 17 commercial specialists with approximately 175 years of combined real estate experience. Their professionals have been responsible for some of upstate New York's most significant deals, building a remarkable track record of transactions with an approximate combined dollar value of over $2.2 billion. NAI Platform specializes in office, industrial, land, retail, investment, nonprofit, and multifamily.
North Brunswick, NJ Dogtopia, a leading provider of dog daycare, boarding and spa services, has signed a lease to open a new 5,081 s/f location at Brunswick Shopping Center. The new location further
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
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,