Upstate New York

Picone begins construction on four new Pizza Hut locations

Buffalo, NY Picone Construction Corp. recently began construction on four new Pizza Hut locations.

H2M celebrates new office in Troy

Troy, NY H2M celebrated it’s new office space with an open house welcoming colleagues, friends, clients, future clients, and local political dignitaries, including the mayor of Troy, Patrick Madden.

Meier Supply leases industrial building in Conklin

Conklin, NY Rick Searles of CBRE Syracuse leased a 28,280 s/f industrial space to Meier Supply.

Casale of M&T Realty Capital closes $44.75m in multiple property deals

Buffalo, NY Zach Casale of M&T Realty Capital Corp. recently closed multiple deals in New York state and Ohio totaling $44,750,000. In Buffalo, Casale lead the refinancing of two mixed-use properties totaling over 60 units.

NAI represents sale of 2028-2030 Central Ave

Albany, NY NAI Platform, a member of the world’s premier managed network of commercial real estate firms, represented the sale of 2028-2030 Central Ave. by Negri Et al. to Colonie Mini Mart LLC.

The Agency forms partnerships to begin feasibility study to honor Rod Serling

Binghamton, NY The Agency (Broome County IDA/LDC), in partnership with the Rod Serling Memorial Foundation, the Serling Family, the Conrad & Virginia Klee Foundation, Broome County, the city of Binghamton, and Assemblywoman Donna Lupardo’s office, have begun a feasibility study for the development of the Rod Serling “Dimensions of Imagination” center for media and the arts.

Marcus & Millichap brokers sale of 17,500 s/f self-storage facility

Blossvale, NY Marcus & Millichap negotiated the sale of GKE Self Storage, a 17,500 s/f self-storage facility, according to Grant Fitzgerald, regional manager of the firm’s Columbus office.

C&W | Pyramid Brokerage names Petrie as COO

Latham, NY Cushman & Wakefield | Pyramid Brokerage Company has named Jim Petrie chief operating officer. Petrie succeeds Robert Berkey who has held the position for 25 years and will remain with Pyramid in an advisory role.

December 2022 message from the president of NYSCAR - by Dana Crocker

As the new year approaches, NYSCAR looks forward to offering more courses to the membership free of charge. On January 17, 2023, NYSCAR will offer a two-hour continuing education session “Introduction to Cost Segregation” with Frank Giudici.

Commercial real estate marketing may see slight decline in prices in 2023 - National Assocs. of Realtors

Orlando, FL Although commercial real estate prices may see a slight decrease nationwide, strong job growth will continue to drive demand in many markets, according to NAR chief economist Lawrence Yun.