The former Dan Pedro Restaurant, located at 2205 Buffalo Rd., Rochester, was recently purchased in March. GE Capital Franchise Finance Corp. sold the 5,700 s/f building situated on 1.75 acres. Blue Sky Development purchased the property with plans to open their second Quaker Steak & Lube restaurant. Renovations on the site are currently underway with a 3rd quarter expected opening date. Bill Evertz of
Pyramid Brokerage Company exclusively represented Blue Sky Development to acquire their new franchise location.
In another transaction, the 3,920 s/f industrial building located at 506 Gordon Ave., Syracuse, was sold in March to investor Cambridge Properties, LLC for an undisclosed amount.
Evertz and George Lee of
Pyramid Brokerage Company represented the seller Skytop Realty LLC and Marty Merola of Sutton Real Estate represented the buyer in this sale transaction. The property was then leased in April. Evertz, exclusively representing the new landlord. Cambridge Properties, LLC, leased the property to Buffalo Bio Diesel, Inc. of Buffalo, NY. Buffalo Bio Diesel will be using the property for storage and distribution.