News: Brokerage

Passero’s Chipotle/Starbucks building honored by Irondequoit Chamber of Commerce

1495 East Ridge Road - Irondequoit, NY 1495 East Ridge Road - Irondequoit, NY
Irondequoit, NY The Irondequoit Chamber of Commerce is recognizing the Chipotle/Starbucks building at 1495 East Ridge Rd. as Best Re-Purposed Building for 2015, as part of its annual Person of the Year and Beautification awards. The dynamic redevelopment of the building now housing the new Chipotle/Starbucks store is part of the re-design of the Marshall’s anchor and Ridge Goodman Plaza. Passero Associates is working with some of Rochester’s largest real estate development firms in transforming their plazas into new modern facilities. Passero Associates works with the owner to design a concept for the exterior façade that re-brands the image of the 1980s strip mall center into a contemporary retail center without any reconfiguration, solely through the means of façade and site/landscaping improvements.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
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Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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