Upstate New York

Cushman & Wakefield arranges sale of two retail centers, BJ’s Plaza and McKinley Milestrip - 416,544 s/f

Hamburg, NY Cushman & Wakefield arranged the sale of BJ’s Plaza and McKinley Milestrip Center, two retail centers totaling 416,544 s/f located adjacent to each other at 4408 and 4405 Milestrip Rd. Cushman & Wakefield’s Gary Gabriel, David Bernhaut, Brian Whitmer, Frank DiTommaso and Max Helfman, in conjunction with...

Empire Commercial Construction updating
Arbor Midtown wedding venue

Rochester, NY Empire Commercial Construction, a retail-focused division of national general contractor Taylor, The Builders, was awarded the construction contract for Arbor Midtown, located within the historic Lincoln-Alliance Bank building at 183 E Main St.

Axiom Capital arranges $38.5 million loan for
six building retail acquisition

Clifton Park, NY Axiom Capital Corp. has structured and arranged a $38.5 million,10-year, fixed rate permanent loan for the acquisition of a regional retail center located in Clifton Park. The property consists of six separate buildings on five separate parcels with parking.

Coldwell Banker Commercial Custom Realty and Pyramid Brokerage Company secure 58,535 s/f lease to New York State Canal Corp.

Rome, NY Mercedes Brien of Coldwell Banker Commercial Custom Realty and Jeffrey D’Amore, SIOR and James Dylan Furney, of Pyramid Brokerage Company executed a 10-year lease for a multi-building dispatch and maintenance facility in the Griffiss Business and Technology Park, 248 Otis St.

Rochester’s Cornerstone Group honored in Top Workplaces 2023 by the Democrat and Chronicle

Rochester, NY Rochester’s Cornerstone Group, Ltd, has been awarded a Top Workplaces 2023 honor by the Democrat and Chronicle Top Workplaces for the fourth consecutive year The list is based solely on employee feedback gathered through a third-party survey administered by employee

Muroff Hospitality completes $1.5 million
sale of The Econolodge to Zamp Utica

Utica, NY Muroff Hospitality Group has sold The Econolodge; 309 N Genesee St. This updated economy franchised hotel boasts 40 guest
rooms on two floors with a mix of interior and exterior access. It’s located immediately off I-90 Exit 31 insures

Pyramid Management Group reports 20% surge in January 2023 sales

Syracuse, NY Pyramid Management Group reports a significant sales surge across its portfolio of shopping, dining, and entertainment destinations, with sales up by nearly 20% year over year in January 2023.

JLL Capital Markets closes sale on 460-unit multi-housing development

Grand Island, NY JLL Capital Markets has closed the sale of Town Hall Terrace, a 460-unit multi-housing community. JLL marketed the property on behalf of a private owner who was the original owner and developer of the property and procured the buyer.

May 2023 NYSCAR president's message - by Robert Strell

As I write my first update letter as the newly elected president of the NYS Commercial Association of REALTORS, it is bittersweet because of the untimely passing of our late president, friend and colleague, Dana Crocker of Syracuse.

IPA sells The Shoppes at Jefferson Valley Mall - 153,151 s/f

Yorktown Heights, NY Institutional Property Advisors (IPA), a division of Marcus & Millichap, has sold The Shoppes at Jefferson Valley Mall, a 153,151s/f building. “Located in a Northern Westchester County trade area with a population of 85,000 and $123,000 median annual