Upstate New York

2011 Hudson Valley apartment market commentary

Reflecting nationwide interest in the multifamily sector demand for institutional grade apartment properties increased in the Hudson Valley ...

Creating value through an improvement exchange to an existing building

Very often, the taxpayer (seller) of a business or investment-held property has a buyer for the relinquished property being disposed of, and...

McDonnell of Ciminelli elected to Erie Canalway Heritage Fund Board

According to Ciminelli Real Estate Corporation, one of Western New York's leading full service commercial real estate services companies, Ro...

Cleveland Polymer Technologies to establish 30,000 s/f headquarters and expand operations

According to officials from the College of Nanoscale Science and Engineering (CNSE) of the University at Albany, the Arsenal Business & Tech...

Saperston Real Estate brokers $1.425 million for 200,914 s/f

Sears Roebuck & Co. has sold their 200,914 s/f regional distribution center at 420 E. Delavan Ave. corner of Fillmore Ave. to Buffalo Engine...

Berns of NorthMarq arranges $2.175 million mortgage in Webster

Sam Berns, senior vice president and managing director of NorthMarq Capital's (NorthMarq) Upstate New York Regional office arranged first mo...

Cowing of Pyramid Brokerage Co. brokers $2.7 million sale for 117,362 s/f

435 Creekside LLC has purchased an industrial facility located at 435 Creekside Dr. from Creekside LLC. The sale price for the 117,362 s/f f...

Monte and Grzebinski of Rose Hill Group arrange permanent financing totaling $57.5 million

According to Daniel Monte, president of The Rose Hill Group of WNY LTD (RHG), the firm has recently arranged permanent financing for a numbe...

Sheldrick of Largo arranges construction and permanent financing

Brian Sheldrick, managing director for the Largo Group of Companies Albany Office, arranged construction and permanent financing for an Econ...

CB Richard Ellis completes three transactions totaling $699,000

Ed Kiesa, CCIM, of CB Richard Ellis, was the exclusive listing agent in the $449,000 sale of 114-116 Hawley Ave., a 14,672 s/f wholesale par...