News: Brokerage

Storage Asset Management to manage 29,906 s/f

Albany SuperStorage opened recently. The four-story facility is near the Port of Albany at 44 Broadway, right off I-787. The building has 298 self-storage units encompassing 29,906 s/f on two floors, as well as an office and retail center offering packing and moving supplies. The other two floors are available for local businesses looking for flexible storage-space solutions. The entire building is heated, and a portion will be cooled in the warmer months. As an additional benefit for local resident and businesses, Albany SuperStorage will offer Penske truck rentals from its downtown location beginning this spring. "This storage center is unlike any in the Albany area, featuring an indoor loading dock so customers can access their units while protected from the elements, and pick-up services for local businesses looking for cost-effective document-storage solutions," said Alyssa Quill, vice president of Storage Asset Management, which will manage the business for the owners, Cass Hill Development of Clifton Park. The facility also features 24/7-access hours, large elevators, free use of push carts, security and video-surveillance system. Storage Asset Management is a full-service self-storage management and consulting company formed in May 2010. The company currently manages more than 20 properties in mid-Atlantic and northeast states.
MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,