News: Brokerage

Pyramid Brokerage Co. arranges 8,950 s/f in three leases in East Syracuse

According to Pyramid Brokerage Co., it has completed the following transactions: Cheeky Monkey Foods recently leased 2,250 s/f of warehouse space located at 5869 Fisher Rd. Gary Cottet, John Sposato and Carmen Davoli of Pyramid brokered this lease. Empire Service Center recently leased the 4,200 s/f service garage located at 7231 Northern Blvd. George Lee of Pyramid represented the tenant and Ed Rogers of Oliva Properties represented the landlord in this lease. The 21,600 s/f industrial building located 106 Boss Rd. Boss Properties LLC purchased the property as an investment for $295,000. Cottet of Pyramid brokered this sale. Novelis Corp. recently leased 2,500 s/f of space at the professional office building located at 34 Oswego St. in Baldwinsville. Bill Evertz of Pyramid represented the landlord and Coldwell Banker Properties represented the tenant in this lease.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.