Upstate New York

Newmark Ciminelli brokers two lease transactions for Wells Fargo offices totaling 13,000 s/f

Buffalo, NY Newmark Ciminelli’s brokerage services team completed two leasing transactions for the multinational financial services company, Wells Fargo. Wells Fargo engaged the team at Newmark Ciminelli to advise them on two of their existing Buffalo-area office locations, which led to two

IPA brokers sale of The Plaza at Salmon Run - 68,761 s/f

Watertown, NY Institutional Property Advisors (IPA), a division of Marcus & Millichap, sold The Plaza at Salmon Run, a 68,761 s/f grocery-anchored retail plaza. “Located in one of Upstate New York’s dominant regional shopping areas, The Plaza at Salmon Run is close to Fort Drum, a U.S. Army’s military

Rural Housing Coalition produces mobile home community preservation guide

Albany, NY The Rural Housing Coalition has produced a Mobile Home Community Preservation Manual that shows how residents can keep their mobile home communities through cooperative or non-profit purchase of the mobile home park from private owners.

Snyder, Roth and Murphy of University Hill Realty arrange $8.05 million sale

Syracuse, NY Christopher Snyder, Norman Roth, and Dan Murphy, licensed New York State real estate brokers with University Hill Realty, Ltd., facilitated the assemblage and sale of six tax parcels spanning East Genesee St., South Crouse Ave., and East Fayette St.

Sutton Real Estate Company, LLC. brokers three sales totaling $1.7 million

Camden, NY Stephen Saleski of Sutton Real Estate Company, LLC brokered the sale of 27 Main St., a 12,000 s/f retail plaza, owned by the Bellinger Irrevocable Trust, which sold to 437 Liberty St. LLC for $556,000. There were no other brokers involved.

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,