News:
Brokerage
Posted: February 10, 2014
Saperston Real Estate arranges $2.5 million sale of 93,000 s/f retail and warehouse space; completed by H. Saperston / Cowing of Pyramid Brokerage
Saperston Real Estate Corp. have arranged the sale of a 93,000 s/f retail and warehouse building at 1888 Niagara Falls Blvd. at the Youngmann Expresssway ramp. The sale price was $2.5 million. The property was the former Weinheimers Co., a distributer of appliances and was sold by Weinheimers former owner, Alan Bagley, to Alan 8182 LLC. The three tenants, Carpet Smart, Extreme Discount Mattress and a warehouse operation by Brooks & Whittle will remain on long-term leases. The purchaser is a local investor who owns other warehouse properties in Tonawanda and Amherst.
Howard Saperston, Jr., SIOR chairman of Saperston Real Estate and Rob Cowing of Pyramid Brokerage were the brokers.
Tags:
Brokerage
MORE FROM Brokerage
Investment Property Realty Group brokers $2.15 million sale of 129 Jackson St. in Williamsburg
Brooklyn, MA Investment Property Realty Group (IPRG) has closed the sale of 129 Jackson St., a multifamily building located in the Williamsburg section of the borough, for $2.15 million.
Quick Hits
Columns and Thought Leadership
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
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
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
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.
.gif)