CBRE Upstate NY leases 160,000 s/f
office space at Genesee Towers

Buffalo, NY CBRE Upstate NY, an affiliate of CBRE, and ORION Office REIT Inc. secured the lease of 160,000 s/f of office space to Ingram Micro as the first tenant to sign on at the rebranded Genesee Towers at 257 West Genesee St.

Kennedy Wilson provides $104 million
senior construction loan for Ithaca Gateway

Ithaca, NY Kennedy Wilson has closed a $104 million senior construction loan for Ithaca Gateway, a 371-unit, 518-bed student housing development. The loan was provided to a joint venture led by Blue Vista, PeakMade Real Estate, and W5 Group for the development of a

PREMIER Design + Build breaks
ground on146,075 s/f logistics center

Montgomery, NY PREMIER Design + Build Group broke ground on the I-84 Logistics Center, marking its first collaboration with developer Ridgecut Road. “We are excited to work with the Ridgecut Road team and continue our growth in the New York market

LeChase’s Victory Lofts project scores “Best of the Best” honor from ENR

Johnston City, NY LeChase Construction Services’ Victory Lofts project has been named the “Best of the Best” renovation/restoration project in the nation by Engineering News-Record (ENR). The honor recognizes how LeChase partnered with Paulus

NYS Commercial Assn. of Realtors April 2025 president’s message - by Robert Strell

We have some terrific programs coming up which we hope you will take advantage of. On April 29, NYSCAR will be running “Finding Value in Overlooked Properties” a six-hour c.e. course at Herkimer College, 100

Phillips of Largo Real Estate Advisors
secures $2.95 million financing

Lancaster, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., arranged a $2.95 million permanent first mortgage to refinance the existing debt on a 20,000 s/f multi-tenant medical office building located in the suburbs of Buffalo.

Eberz of CBRE Upstate brokers $4 million
sale of 164,025 s/f office building

Hamburg, NY CBRE Upstate NY negotiated the $4 million sale of 3556 Lake Shore Rd. The 164,025 s/f office building is on a 25-acre parcel near Woodlawn Beach State Park along the eastern shore of Lake Erie. CBRE Upstate NY’s Lida Eberz represented the seller, R&P Oak Hill LLC,

Kirchhoff Cos. and UNION
recognized for Eastdale Village

Poughkeepsie, NY Eastdale Village Town Center was lauded for its design and community impact. Kirchhoff and Union Studios received a 2024 Urban Guild Design Excellence Award from The Urban Guild for bringing the Eastdale vision to life.

IPA sells two grocery-anchored locations
- The Fresh Market and Market 32 Grocer

Latham, NY Institutional Property Advisors (IPA) negotiated the sale of two Capital Region grocery-anchored retail spaces. IPA sold a 120,049 s/f The Fresh Market-anchored shopping center in Latham for $26.87 million. And IPA negotiated the sale of a new 65,000 s/f Market 32 Grocer that opened

Greater Binghamton Chamber of Commerce hosts annual Economic Forecast and Building BC Awards

Binghamton, NY The Greater Binghamton Chamber of Commerce held the annual Economic Forecast and Building BC Awards on February 19. Sponsors: M&T Bank (title sponsor); Newman Development Associates; Advance Testing, Co.; LeChase Construction Service, LLC; Marchuska Brothers Construction; Mirabito Energy