Cushman & Wakefield | Pyramid Brokerage Co.
Rotterdam, NY Peter Struzzi and Jeffrey D’Amore of Cushman & Wakefield | Pyramid Brokerage Co. facilitated a lease for Albany Medical Center EmUrgentCare Clinic.
The Albany Med EmUrgentCare Clinic held its grand opening on April 1st. They have leased 5,052 s/f of inline space within the plaza and this will be their ninth location in the Capital District. They will join retailers including Hannaford Supermarket, Citi Trends, Rent-A-Center, Fallas, Game Stop, Sally Beauty, Dollar Tree, Fantastic Sams, One Main Financial, and H&R Block.
Struzzi and D’Amore brokered the lease on behalf of the landlord and are the exclusive agents for the 212,595 s/f neighborhood shopping plaza.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,