Upstate New York

JLL completes 151,169 s/f industrial
lease for Ranger Design

Webster, NY JLL has completed a 151,169 s/f industrial lease for Ranger Design at 700 Resende Rd., a two-building property that was part of the former Xerox campus. JLL represented the landlord, locally based Tessy Plastics Corp., which acquired

August 2024 New York State Commercial Assn. of Realtors president’s message - by Robert Strell

Many thanks to Katheryn DeClerck who taught “Realtor Hunger Games” in July. Katheryn kept the participants very engaged and the course fulfilled the two hour requirement for implicit bias training to renew your New York real estate license. We have two upcoming courses, via Zoom

Time Equities acquires 44,635 s/f Big Flats
Commons from NNN REIT for $6.5 million

Elmira, NY Time Equities, Inc. (TEI) acquired Big Flats Commons, a 44,635 s/f shopping center located at 950 Rte. 64, from NNN REIT, a real estate investment trust, for $6.5 million. “In a strategic move aimed at expanding our presence in underserved

Watkins and Algarin of The Oak & Avery Group sell 48-unit multifamily for $8 million

Pleasant Valley, NY The Oak & Avery Group negotiated the sale of Pleasant Valley Estates, a 48-unit multifamily complex. Anthony Watkins, president, and David Algarin, vice president, represented the seller and the buyer in the $8 million all-cash transaction.

CBRE Upstate NY’s LaDuke earns SIOR designation

Syracuse, NY According to CBRE Upstate NY, an affiliate of CBRE, Cory LaDuke, SIOR has earned the SIOR office designation awarded by the Society of Industrial and Office Realtors (SIOR).

Cowing of C&W/Pyramid Brokerage Co. Buffalo brokers sale of 129,344 s/f industrial facility

Cheektowaga, NY 1370 William Street Property LLC has purchased 3500 Genesee St., from Niagara Chocolates Inc. for $6.5 million. The 129,344 s/f industrial warehouse building is on 8.6 acres.

Phillips of Largo Real Estate arranges
$6.3m first mortgage

Buffalo, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., has secured a $6.3 million permanent first mortgage to refinance two multi-tenanted industrial buildings. Both are located near the Buffalo Niagara International Airport

Roth, Snyder and Murphy of University Hill Realty facilitate $8.871 million sale of Temple Concord site to Landmark Properties

Syracuse, NY University Hill Realty Ltd. brokered the sale of the historic Temple Concord site at 910 Madison St. The property was sold for a total of $8,871,667, marking a milestone in the local real estate landscape.

JF Real Estate leases 1,300 s/f to Cake Bar

Syracuse, NY Duyen Nguyen, owner of Cake Bar, leased a 1,300 s/f retail space in the White Memorial Building, 108 E Washington, formerly occupied by 210 Teas. JF Real Estate, represented the landlord,

McGuire joins NAI Global

Buffalo, NY James McGuire said that his commercial real estate services and advisory company has joined NAI Global as a new office under the name NAI McGuire. NAI McGuire offers its clients a range of services.