Searles of CBRE | Syracuse brokers $275,000 sale and 52,000 s/f industrial building sale
Rick Searles of CBRE | Syracuse, exclusively brokered the $275,000 sale of 1017 Conklin Ave. The seller, JMT Logistics, an automated materials handling company, sold the 8,200 s/f commercial building to Bridgewater Baptist Church. This is one of four locations for the church, two of which are in New York's Southern Tier and two are in Northern Pennsylvania.
Searles also represented JMT Logistics as the buyer in the purchase of 336 Court St., a 52,000 s/f industrial building in Binghamton. JMT Logistics moved its operations in an expansion from 1017 Conklin Rd.
St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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.
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