News: Brokerage

Puzio of Hunt Commercial sells 14,100 s/f

6 Lancaster Parkway was recently purchased for $511,000 by Charley Creighton and Tom Shone of Charles Thomas Management LLC, from previous building owner, Thomas Naughton. The facility will become the new offices and warehouse space for Alden Optical. The 14,100 s/f building, located off Walden Ave., near the thruway, consists of 6,000 s/f of office space and 7,200 s/f of heated warehouse space. It was built in 2000 and sits on 3 acres with room outside for additional storage. The building is the former home of Grand Mantel and Summit Stoves. The listing agent for the property was Karl Puzio of HUNT Commercial Real Estate. The buyers are Charley Creighton, son of Alden Optical founder Charles Creighton, and contact lens industry veteran Tom Shone, who now run Alden Optical together.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for