Upstate New York

Vanguard-Fine brokers two transactions

Glenmont, NY Kenneth Brownell and Paul Bulmer of Vanguard-Fine, LLC and Brian Donovan of Donovan Real Estate Services brokered the lease of the 1,000 s/f ATM space between JP Morgan Chase and Livos Albany Group, LLC c/o Schuyler Companies.

Largo Group arranges $5.4m to refinance a MHC

Niagara Falls, NY Jack Phillips, principal at The Largo Group of Companies, arranged $5.4 million refinancing for a manufactured housing community. The project will total 148 pads. The park is considered a four-star property with double wide lots, paved roads, curbing, streetlights, landscaping, and an on-site property manager.

Cleeman Realty Group sells 4,500 s/f McDonald’s site for $2.29 million

Tonawanda, NY Cleeman Realty Group has completed the $2.29 million sale of a McDonald’s situated on an outpad in front of a Tops Supermarket anchored center. The net lease property is located on Young St. and consists of 4,500 s/f on 1.25 acres. The McDonald’s has been at the location since the early 1990s

M&T Realty Capital Corp. refinances 1.9 million s/f for an industrial portfolio totaling $62.5 million

Rochester, NY M&T Realty Capital Corporation refinanced over 1.9 million s/f of industrial and flex space totaling $62.5 million. The transaction was secured across multiple locations in Rochester and southern New Jersey. The opportunity was referred to Zach Casale, M&T Realty Capital Corporation, from Vince Profetta,

Buckley of Endeavor Real Estate Group sells 28-unit The Academy Building

Rochester, NY Endeavor Real Estate Group negotiated the sale of The Academy Building, a 28-unit mixed-use 45,960 s/f building located at 13 South Fitzhugh St. Endeavor’s managing principal James Buckley represented the seller while also procuring the buyer,

January 2023 message from the president of NYSCAR - by Dana Crocker

NYSCAR Board of Governors will be meeting on Tuesday, February 7, 2023, 11:00 am at the Crowne Plaza/Desmond Hotel in Albany. We are looking for another productive year and the offering of some great courses free to the NYSCAR membership. Also the Annual Conference will be held June 14-16, 2023 at the

Picone Construction breaks ground on 6,200 s/f office for Aebly & Associates

West Seneca, NY Picone Construction celebrated the ground breaking of Aebly & Associates new 6,200 s/f, two-story office building on the corner of Union Rd. and Center Rd. The new offices have been carefully designed by Carmina Wood Morris, architects, and Picone Construction

Wildenhaus named vice president at Rochester’s Cornerstone Group

Brighton, NY Megan Wildenhaus, director of human resources and operations has been elected a vice president of Rochester’s Cornerstone Group Ltd. She joined the firm more than four years ago after an extensive and successful career in California. In her responsibilities,

Business leaders request regional cost analysis as climate action council deliberates final scoping plan - by Stacey Duncan

Business leaders in the Southern Tier are calling for a regional cost analysis, as the Climate Action Council (CAC) deliberates its final “scoping plan”. The heavily debated scoping plan will provide legislators with recommendations to meet the goals of the 2019 Climate Leadership and Community

HUNT Real Estate posts record sales year in 2022

Buffalo, NY According to HUNT Real Estate ERA the 2022 fiscal year broke previous records for sales with 13,824 residential units sold totaling $4.076 billion in sales volume, eclipsing the $4 billion mark for the first time in the company’s 111-year history.