News: Brokerage

Sutton Cos. completes two sales and a lease

According to the Sutton Cos., the firm has completed the following transactions: Bart Feinberg, of The Sutton Cos., represented Gascon Enterprises, owners of 4 Dwight Park Dr. in the sale of their 27,200 s/f industrial building for $1.1 million. The buyer was Kinder Lane I LLC, who was represented by Josh Podkaminer of Emhoff Associates. Feinberg also leased a total of 10,986 s/f at 731 James St. The subject property is an office building managed by Sutton. Andréa Bucci, of Sutton, has sold 104-108 Rebhahn Ln. in Camillus, an eight unit apartment complex, for $300,000. John Thomasmeyer, also of Sutton, was listing agent. Sutton is one of the oldest commercial real estate firms in central New York that provides a full line of commercial real estate services, property development, property management, receiverships, sales and leasing and tenant representation.
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SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
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Columns and Thought Leadership
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
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
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