CBRE/Syracuse completes 5 transactions totaling 197,289 s/f
December 26, 2010 - Brokerage
According to Michael Finn, managing partner of CB Richard Ellis/Syracuse, N.Y., LLC, the company has completed the following commercial real estate transactions:
Rome investment property sold for $1.65 million
Marty Dowd and Dave Thomas exclusively brokered the $1.65 million sale of 421 Ridge St., Rome. The 30,000 s/f investment grade property is occupied by PAR Government, a provider of information management solutions. The New York City ownership sold the office building to a West Coast investment group.
CBRE brokers $1 million manufacturing facility sale
Mark Rupprecht, CCIM, and Thomas represented the seller Coleman Cable in the $1 million sale of 42 Wire Dr., Oswego. The 105,938 s/f former manufacturing facility will be converted to a distribution center.
Internist Associates renews lease
Peter Finn, executive vice president, and Thomas, represented Internist Associates of Central New York in the lease renewal of 28,251 s/f at 739 Irving Ave., Syracuse.
Lemoyne Ave. lease renewed
Larry Van Der Bogart represented the landlord in a lease renewal of 18,100 s/f for RMP Powertrain Solutions at 1901 Lemoyne Ave., Syracuse.
Company buys Court Street Rd. building as corporate office
Rupprecht represented the seller Alan Braverman in the $475,000 sale of 6060 Court Street Rd., DeWitt. King Triad Development, of Syracuse, bought the 15,000 s/f building for its corporate office. The Oliva Companies represented the buyer.