Category: Brokerage
Sutton Real Estate Company, LLC. brokers three sales totaling $1.7 million
February 14, 2023
Camden, NY Stephen Saleski of Sutton Real Estate Company, LLC brokered the sale of 27 Main St., a 12,000 s/f retail plaza, owned by the Bellinger Irrevocable Trust, which sold to 437 Liberty St. LLC for $556,000. There were no other brokers involved.
Vanguard-Fine brokers two transactions
February 14, 2023
Glenmont, NY Kenneth Brownell and Paul Bulmer of Vanguard-Fine, LLC and Brian Donovan of Donovan Real Estate Services brokered the lease of the 1,000 s/f ATM space between JP Morgan Chase and Livos Albany Group, LLC c/o Schuyler Companies.
Largo Group arranges $5.4m to refinance a MHC
February 14, 2023
Niagara Falls, NY Jack Phillips, principal at The Largo Group of Companies, arranged $5.4 million refinancing for a manufactured housing community. The project will total 148 pads. The park is considered a four-star property with double wide lots, paved roads, curbing, streetlights, landscaping, and an on-site property manager.
Cleeman Realty Group sells 4,500 s/f McDonald’s site for $2.29 million
February 14, 2023
Tonawanda, NY Cleeman Realty Group has completed the $2.29 million sale of a McDonald’s situated on an outpad in front of a Tops Supermarket anchored center. The net lease property is located on Young St. and consists of 4,500 s/f on 1.25 acres. The McDonald’s has been at the location since the early 1990s
Denham Wolf Real Estate names Innocent and Turner as new shareholders
February 14, 2023
Manhattan, NY Denham Wolf Real Estate—as it celebrates its 25th anniversary—named Ronzard Innocent and Christopher Turner as shareholders of the firm. Their new roles as managing directors and principals reflect their promotions from their respective roles as director of project management and director of transaction services.
John Marshall Media signs 4,944 s/f 10-year lease renewal at 630 Ninth Ave.
February 14, 2023
New York, NY Multi–Grammy Award-winning production studio John Marshall Media has signed a ten-year lease renewal for its 4,944 s/f on the 11th floor of 630 Ninth Ave., also known as the Film Center Building, with GFP Real Estate, LLC.
Blumenfeld Development Group signs Centers Urgent Care to 10-year lease at The Crossings
February 14, 2023
Syosset, NY The Blumenfeld Development Group (BDG) arranged the 10-year lease signing with Centers Urgent Care, a Medical Care company, at The Crossings in Hunts Point. The 2,000 s/f urgent care facility is scheduled to open in the summer of 2023.
ERG Commercial R.E. sells two adjacent multifamily buildings for $4.55 million
February 14, 2023
Yonkers, NY ERG Commercial Real Estate has sold two adjacent multifamily buildings for $4.55 million. The four-story buildings, at 502 and 508 Van Cortlandt Park Ave. in the McLean Heights neighborhood, features 46 units, totaling 38,948 s/f. The buildings were built in 1927 and 1922.
Manhattan office market posts mixed results in Q4 2022 according to TRS research
February 14, 2023
New York, NY The Manhattan office market posted 5.9 million s/f in leasing activity in the fourth quarter of 2022, bringing the 2022 total to 29.7 million s/f, 8% higher than the 2021 figure, according to research from Transwestern Real Estate Services (TRS).
M&T Realty Capital Corp. refinances 1.9 million s/f for an industrial portfolio totaling $62.5 milli...
February 14, 2023
Rochester, NY M&T Realty Capital Corporation refinanced over 1.9 million s/f of industrial and flex space totaling $62.5 million. The transaction was secured across multiple locations in Rochester and southern New Jersey. The opportunity was referred to Zach Casale, M&T Realty Capital Corporation, from Vince Profetta,
Grassi Advisors & Accountants promotes four principals to partner
February 14, 2023
Jericho, NY Grassi Advisors & Accountants has promoted four principals to partner. Timothy Coners, CPA, MST advises clients on tax planning, projections and compliance on the federal, state and local levels.
Rosewood Realty sells eight-building Harlem portfolio for $17.65 million
February 14, 2023
Manhattan, NY Rosewood Realty Group has sold off its eight-building Harlem portfolio for $17.65 million to an undisclosed private investor.
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