Upstate New York

HREC Investment Advisors arranges sale of Hampton Inn Rochester Irondequoit

Rochester, NY HREC Investment Advisors completed the sale of the 77-guestroom Hampton Inn Rochester Irondequoit. A regional owner/operator has acquired the property. The sale price was not disclosed.

Cushman & Wakefield|Pyramid completes seven sales totaling $3.44 million and secures 49,277 s/f in leasing transactions

Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. (CW|Pyramid) has completed the following transactions: 8 Dwight Park Dr.: Bodycote Syracuse Heat Treating Corp purchased a 58,717 s/f industrial manufacturing facility from

Cronheim arranges $13.5 million for Poughkeepsie Plaza redevelopment

Poughkeepsie, NY Cronheim Mortgage secured financing totaling $13.5 million for the redevelopment of Poughkeepsie Plaza, 2600 South Rd. The borrower wishes to remain anonymous at this time.

CCIM and Rochester Area NYSCAR offer fall courses

Rochester, NY CCIM and the Rochester Area Chapter of NYSCAR will be providing two courses this fall. The classes are vital for anyone wishing to become a CCIM, or for people who are newer to the industry

Schiller, Kirnie and Farrington of Cushman & Wakefield | Pyramid Brokerage Co. sell 276,000 s/f

Shortsville, NY According to Cushman & Wakefield | Pyramid Brokerage Co., (C&W|Pyramid)  they have closed the sale of 1479 East Ave. The sale price was not disclosed.

Improvement project at Dunkirk Pier and harbor completed; Supported by Smart Growth Community Fund

Dunkirk, NY According to Governor Andrew Cuomo, improvements at Dunkirk Pier and harborfront have been completed. The project–supported by funding from the Smart Growth Community Fund–provides improved

Cruz, Rizzi, Appel and Rutman of JLL Capital Markets close $18 million sale; Brittonfield Assoc. sells 173,466 s/f to ICONIC Property Partners

Syracuse, NY According to JLL, it has closed the $18 million sale of Crouse Medical Center, which comprises two connected buildings totaling 173,466 s/f of medical office space.

Funiciello of JF Real Estate acts for landlord in 5,454 s/f lease to Anything But Beer brewery

Syracuse, NY Anything But Beer has leased the corner retail space in the White Memorial Building, located at 201 South Salina St. The brewery produces gluten-free and vegan fruit ales and ciders from

September message from the president of NYSCAR’s Upstate chapter - by Guy Blake

With Fall quickly approaching, it’s time to think about signing up for committees and nominations for Realtor of the Year (ROTY). This program is to recognize an outstanding active member of the New York State Commercial Association of Realtors for 2019.

Rochester’s Cornerstone Group and Community Preservation Partners upgrade Cedarwood Towers

Rochester, NY Cedarwood Towers, located at 2052 East Main St., is undergoing a $41.2 million rehabilitation program to upgrade the 50-year-old buildings. The work of the twin 11-story towers, 206-unit facility, is two-thirds complete. The scope of work includes