Upstate New York

Doshi and Mehra of Meridian Investment Sales sell three-building, free-market portfolio in Albany for $8.65 million

Albany, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold a three-building, 117-unit portfolio. This 100% free-market portfolio sold for a capitalization rate of 7.2%, a gross rent multiplier of 7.6 times, just under $65 per s/f and $74,000 per unit. Amit Doshi, executive senior managing director and Shallini Mehra, managing director, represented

The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

Binghamton, NY The Agency, Greater Binghamton Chamber of Commerce and their partners at FIVE South College Dr. took an active role in helping those in need this holiday season. The organizations have paired with two area charities: The Family Enrichment Network and CHOW

January message from the president of NYSCAR’s Upstate chapter - by James Walker

As we previously noted, a new law regarding continuing education for real estate salespersons and brokers was recently adopted. The New York State Department of State sent a letter to all NYS licensees giving a summary of the major changes noted below

Vanguard-Fine completes 10 leases and two sales

Albany, NY According to Vanguard-Fine, LLC, the firm has completed the following deals Bulmer, Brownell and Barry Feinman brokered the 10,600 s/f lease between Zimmer US, Inc. and LKS Realty Corp. at 20 Computer Dr. West

Time value of money: A founding principle of western finance - Part 3 of 4 - by Christie Ellis

As tax time approaches, use this founding principle of western finance in your investing decisions. Why cost segregation matters.

TAYLOR to complete Catholic Family Center - Hannick Hall renovations

Newark, NY TAYLOR, a leading regional commercial general contractor, was awarded the construction contract for the renovations and addition to the Catholic Family Center – Hannick Hall. TAYLOR is partnering with N.K. Bhandari Architecture & Engineering,

JLL PDS completes upgrades to 40,000 s/f Burlington store

Amherst, NY JLL Project and Development Services (PDS) completed Urban Edge Properties’ multimillion-dollar renovation of a 40,000 s/f retail property.

D’Amore of C&W|Pyramid earns SIOR designation

Utica, NY According to Cushman & Wakefield | Pyramid Brokerage Co.,  (CW|Pyramid) Jeffrey D’Amore, SIOR, has earned the Society of Industrial and Office Realtors (SIOR) designation.

Picone Construction breaks ground for Veterinary hospital

Tonawanda, NY Green Acres Veterinary Medical Center held a groundbreaking ceremony for its new addition. Speakers of the event were Dr. Kim Parkhill of Green Acres Animal Hospital, Dave Nardozzi of Silvestri Architects PC and Christopher Picone of

Malagisi and Hardisty of SVN Self-Storage broker $6.2 million sale in West Henrietta

West Henrietta, NY According to SVN Commercial Realty, they have completed the sale of Erie Station Self-Storage, 70 Erie Station Rd., for $6.2 million. The facility is 57,300 gross s/f and