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Brokerage
Posted: November 5, 2019
Sutton Real Estate Co. brokers $3 million sale and leases 5,000 s/f total
Sutton Real Estate Co.
Syracuse, NY Bart Feinberg of Sutton Real Estate Co. brokered the sale of six acres to Bankers Healthcare Group (BHG) in the city’s Lakefront District for $3 million. BHG purchased the property for their new financial headquarters and construction is expected to be completed by fall of 2021. BHG is expanding and will be building a five-story, 100,000 s/f office building to accommodate an additional 330 jobs over the next five years.
Additionally, Sutton completed two leases at the Sherwood Office Park totaling 5,000 s/f:
- Karen Cannata-LaRocca and Kristen Nave represented the tenant, Steven Stacy, DDS, P.C., who signed a 10-year lease for 2,500 s/f. Feinberg represented the landlord.
- Elderchoice Inc. signed a five-year lease for 2,500 s/f. Nave and Feinberg brokered the deal between tenant and landlord.
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