News: Brokerage

O'Neill and Schiller of Pyramid Brokerage Co./Cushman & Wakefield market and sell 56,840 s/f in West Seneca for $1.4 million

Daniel O'Neill SIOR and David Schiller SIOR both from Pyramid Brokerage Company/Cushman & Wakefield marketed and sold 130 and 150 Empire Dr. The sale price was $1.4 million. 130 Empire Dr. was initially designed and used as a warehouse, later expanded and adapted for use as a 37,340 s/f medical office. 150 Empire Dr. totals 19,500 s/f and was constructed in the mid-1990s as a warehouse. The seller, Excellus Health Plan, the owner of Univera and part of Lifetime Healthcare Companies of Rochester, was represented by O'Neill and Schiller. The buyer, Reena Enterprises Ltd. of Scarborough, Ontario, was represented by CBRE's Steve Blake and Lida Eberz. "We had a lot of interest in this, including similar kinds of industrial users," Schiller said. "We saw it as an office or flex building for an industrial user and that's what it turned out to be."
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