Upstate New York

July message from the president of NYSCAR’s Upstate chapter - by Guy Blake

Attendees had a great time during the Annual Conference this year and took advantage of continuing education classes, an investment marketing session and great networking. The 18th annual NYS Commercial Real Estate Conference was held

SWBR recognized with American Society of Interior Design award in large commercial category for RIT MAGIC Spell Studios

Rochester, NY SWBR has been recognized with a 2019 Professional Design Award by the American Society of Interior Design New York Upstate/Canada East Chapter for its work on Rochester Institute of Technology’s

Orgill to build $68 million northeast distribution center in Griffiss Business and Technology Park – 780,000 s/f

Rome, NY According to Governor Andrew Cuomo, Orgill, Inc., one of the world’s largest independent hardlines distributors, will build its first Northeastern U.S. distribution center in Oneida County.

Will of Hemisphere Holdings brokers sale of Countryside Apartments; Talmadge Properties sells to Datas Real Assets for $695,000

Rome, NY According to Richard Will, president of Hemisphere Holdings Corp., the firm has handled the sale of Countryside Apartments. 

CPC Mortgage Co. handles $2.44 million refinance of Buffalo multifamily

Buffalo, NY CPC Mortgage Co. LLC, a subsidiary of The Community Preservation Corp. (CPC), has closed a $2.44 million Freddie Mac Optigo Small Balance Loan (SBL) to refinance the Houk Lofts, a 22-unit multifamily property at

TAYLOR, Empire and LaBella contracted for Grace Watson Hall at Rochester Insitute of Technology

Henrietta, NY TAYLOR, a leading regional commercial general contractor, was awarded the contract for renovation and expansion to the existing dining hall at Grace Watson Hall, a.k.a. “Gracie’s.” TAYLOR is

Cushman & Wakefield|Pyramid closes 10 sales and handles three leases totalling 79,947 s/f

Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. has closed the following transactions: The former Rite Aid building at 4975 Bear Rd. has been sold. CGP Acquisition & Development purchased

Overview of the 2019 Buffalo apartment market - by Brian Heine

In recent years large institutional developers and investors have constructed student housing complexes surrounding the State University of NY at Buffalo, (SUNY) north campus in Amherst and the Buffalo State College in

Schwartz of Cushman & Wakefield leads team in sale of 68,862 s/f industrial asset; CMS Holding Co. sells to Weiss Real Estate Investments

Chestnut Ridge, NY Robust interest and rapid contract execution for 3 Alpine Ct. reflects sustained demand for class A industrial product in the county. Cushman & Wakefield orchestrated the sale of this

CBRE|Syracuse brokers two sales totaling $555,000 and six leases: 48,932 s/f

Syracuse, NY According to Michael Finn, managing partner of CBRE|Syracuse, the firm has completed: Bill Anninos and Ed Kiesa, CCIM, of CBRE|Syracuse, with Brad Davis of…