Rowley, Gleason and Kloppenburg of CBRE/Rochester rep. seller in $4.15m sale

Joe Rowley, vice president, Harry Gleason, associate broker, and Chip Kloppenburg, sales associate, of CBRE/Rochester have represented Eber Brothers in the disposition of the property located at 155 Paragon Dr. The warehouse/distribution facility was sold to Cass Hill Advisors of the Albany area, who purchased the building on a speculative basis and is seeking tenants to lease the space. The sale transaction is valued at $4.15 million. Barry Stafford of Consolidated Affiliates and Marc Trevisan of CBRE/Saddle Brook, N.J. also participated in this transaction. 155 Paragon Dr. totals 166,776 s/f on 13.9 acres, situated along the south side of the Rte. 531 Expressway along the Gates/Ogden town line. The facility was constructed in 1998 and was previously occupied by Eber Brothers Wine and Liquor Corp. for their beverage distribution business. CBRE is headquarted in LosAngeles, Calif. With their 24,000 employees, the company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices.) CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.