Saperston Real Estate brokers $1.425 million for 200,914 s/f
Sears Roebuck & Co. has sold their 200,914 s/f regional distribution center at 420 E. Delavan Ave. corner of Fillmore Ave. to Buffalo Engine Components for $1.425 million. The 12.1 acre site adjacent to the Kensington Expressway was built in 1954.
Buffalo Engine is a family owned buyer and distributer of used auto parts to corporate clients. Joe Pellitieri, one of the three owners of the company, said he was attracted to the property due to its location, 16 dock doors, 8 drive-in doors, high ceilings and ample parking.
"Through our broker, Howard Saperston, Jr., SIOR of Saperston Real Estate, we looked at more than twenty buildings in the past five years attempting to find the right one This is a perfect building for us," said Pellitieri.
Dave Schiller and Ben Kirnie of Pyramid Brokerage represented Sears.
Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10th St. in Greenwich Village
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.