Upstate New York

Malagisi and Hardisty of SVN Self-Storage broker $6.2 million sale in West Henrietta

West Henrietta, NY According to SVN Commercial Realty, they have completed the sale of Erie Station Self-Storage, 70 Erie Station Rd., for $6.2 million. The facility is 57,300 gross s/f and

SWBR completes “50 for 50” Campaign during its 50th year

Rochester, NY SWBR, a multidisciplinary, award-winning design firm, celebrated its 50th year in business and a long tradition of design excellence throughout 2019. To commemorate the milestone, it hosted a special initiative called “50 for 50,” where

RAC NYSCAR holds 19th annual President’s Dinner and Awards

Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (RAC NYSCAR) held its 19th annual President’s Dinner and Awards Ceremony on November 14th at the Casa Larga Vineyards and Winery.

Bucci of Acropolis Realty Group sells 23-unit complex in Syracuse for $690,000

Syracuse, NY According to Acropolis Realty Group, Andréa Bucci, associate real estate broker, sold 679 W. Onondaga St. for  $690,000. The subject property contains 23 two-bedroom units. J-Bon LLC was the seller, and and AmeriCU provided financing for

Overview of the 2019 Hudson Valley apartment market - by Brian Heine

In the Capital Region developers are turning obsolete industrial buildings and long vacant historic properties in walkable neighborhoods near the employment centers in the central business districts of Albany, Troy, and

How a “Financial Physical” can help determine when to dispose of multifamily investment property - by Russell Gullo

A “Financial Physical” shows owners of multifamily investment property how they can double, triple, and in some cases, even quadruple the size of a real estate investment portfolio by using their current equity.

Rochester’s Cornerstone Group breaks ground on Frances Apts. II with Lifetime Assistance, Passero, SWBR, LECESSE, People, Inc.

Brockport, NY Lifetime Assistance, Inc. and Rochester’s Cornerstone Group, Ltd., broke ground on Phase II of Frances Apartments affordable inclusive housing. Frances Apartments II will add 48 units of affordable

The Rosenblum Cos. opens third ValuSpace self-storage facility

Halfmoon, NY Public officials, business owners, and community leaders joined local real estate developer, The Rosenblum Cos., to celebrate the grand opening of ValuSpace Personal Storage facility, located at 1607 Rte. 9.

C&W|Pyramid Brokerage leases 262,347 s/f in seven deals, closes three sales totaling $4.17 million

Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. (C&W|Pyramid) has completed the following sales and leases: MacKenzie-Childs leased 200,931 s/f at 123 Great Bear Rd., in Fluton. The subject is an industrial warehouse

Forte, Cruz and Peck of JLL arrange $8.3m industrial sale; Pagniucci leads JLL team to place $5.1m acquisition loan

Depew, NY JLL closed the $8.3 million sale of and arranged $5.1 million in acquisition financing for Bunzl Distribution Center, a fully leased, 152,000 s/f industrial warehouse and distribution center at