Upstate New York

Utica CW|Pyramid Brokerage completes two sales, leases 1,600 s/f; $200,000 sale brokered by Conley and Carnie of CW|Pyramid

Utica, NY The Cushman Wakefield|Pyramid Brokerage Co. has completed the following transactions: • 248-252 Genesee St.: The 14,484 s/...

Charterhouse Development buys Rite Aid Pharmacy site at 7939 Brewerton Rd. in Cicero

Cicero, NY Charterhouse Development Corp. has purchased a Rite Aid pharmacy at 7939 Brewerton Rd. The store totals 11,180 s/f and was acq...

Looking ahead: What is next for the “new Buffalo?” - by Bob Richardson

Bob Richardson is the president of the NAIOP Upstate New York Chapter, The Commercial Real Estate Developers, and managing partner of Blue C...

Kaushansky of Arbor originates $41.65 million bridge loan for the acquisition of 440-bed skilled nursing facility in Syracuse

Syracuse, NY Arbor Realty Trust, Inc., has completed the recent funding of a $41.65 million bridge loan for the acquisition of James Square ...

Delisle of Island Associates and Gorman of CBRE negotiate $5.711 million sale of QuickChek property

New Windsor, NY Roger Delisle of Island Associates, purchaser’s broker, along with Matthew Gorman of CBRE, seller’s broker, succ...

Trinity Realty represents Five Guys Burgers & Fries in Mt. Kisco lease; Gordon of Admiral Real Estate Services and Livshin of Dagar Group act for owner

Mt. Kisco, NY According to Admiral Real Estate andThe Dagar Group, Five Guys Burgers & Fries will be opening a new location in 2018 in t...

Passero Associates welcomes five new employees, winter interns

Rochester, NY According to Passero Associates, the firm has hired Chris Holmes, PE as resident engineer; Daniel Jablansky as airport/environ...

Disposing of multiple properties through a parking exchange - by Russell Gullo

You have put together a portfolio of many doubles, duplexes and other small multifamily properties over the years that are scattered in different locations. You are at the point in your life that you would like to stay in real estate as an investment, but you are tired of managing these scattered assets. If you dispose of these properties you may see as much as a third of your selling price go to Uncle Sam in the form of taxation.

Hartman of Pliskin Realty & Development completes 7,700 s/f retail lease

Nanuet, NY Marvin Hartman, executive vice president at Pliskin Realty & Development, has brokered his 43rd transaction for Advanced Auto...

Holliday Fenoglio Fowler handles sale of 401-bed student housing property; EMET Capital Management, LLC buys College Suites at Brockport

Brockport, NY Holliday Fenoglio Fowler, L.P. (HFF) arranged the sale of College Suites at Brockport, a 114-unit/401-bed student housing comm...