Slote and Harder of NAI Platform complete $10 million sale of 253 Troy Road
April 25, 2011 - Brokerage
Dan Slote and Jim Harder of NAI Platform completed the $10 million sale of 253 Troy Rd., a 209,000 s/f manufacturing facility on 73 acres according to Cory Tyksinski, manager, of NAI Platform Commercial Real Estate. Slote and Harder, associate brokers with NAI Platform, had the exclusive listing to market the property on behalf of the seller, Albany International.
The buyer, a private developer, represented himself on behalf of FedEx. The 209,000 s/f facility will make way for the $60 million project that will raise a brand new 250,000 s/f facility. The $60 million project will result in a New FedEx Mini Hub Distribution Center servicing three states from the Boston to Syracuse areas.
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.