Category: Brokerage
Prestige Hospitality Group welcomes Alps
September 8, 2020
Albany, NY According to James Frenis, CHA, CEO of Prestige Hospitality Group, LLC, (PHG) Jillian Alps has joined its team as regional director of operations.
Marcus & Millichap sells 60,896 s/f ShopRite in Uniondale for $19.5 million
September 8, 2020
Uniondale, NY Marcus & Millichap completed the sale and financing of a 60,896 s/f ShopRite. The grocery store is located within a shopping center co-anchored by Walmart on Jerusalem Ave. The property sold for $19.5 million.
HUNT Engineers and Architects and their partners lead innovation for Upstate development projects
September 8, 2020
Rochester, NY Affordable infill housing and targeted retail outlets with limited square footage will be the community development model for the next 10-15 years, according to HUNT Engineers and Architects’ senior project manager, Tom Bailey, AIA.
Klosed Properties acquires Queens bldg. for $1.2 million; deal brokered by Cushman & Wakefield
September 8, 2020
Queens, NY Klosed Properties has acquired 763 Seneca Ave. in the Ridgewood neighborhood for $1.2 million. Stephen Preuss, Andreas Efthymiou, and Rani Bendary of Cushman & Wakefield brokered
Silber Investment Properties completes 7-Eleven portfolio acquisition – $6 million
September 8, 2020
Allegany, NY Silber Investment Properties has completed the last segment of a portfolio acquisition of Upstate New York 7-Elevens for Peter Petrakis. The sum total of all property values within this acquisition was
Largo Capital arranges financing totaling $18.7 million
September 8, 2020
Buffalo, NY Largo Capital has completed financing totaling $18.7 million. Jack Phillips, principal with Largo Capital, arranged permanent financing for an independent senior community. The $12.1 million, non-recourse,
Cushman & Wakefield procures $80 million for 435,000 s/f warehouse and completes two multifamily dea...
September 8, 2020
Yonkers, NY Cushman & Wakefield (C&W) completed three transactions valued at $115.6 million. The firm served as the exclusive adviser to Alfred Weissman Real Estate, LLC in the
Portfolio optimization through 1031 exchanges - by Russell Gullo
September 8, 2020
A common issue faced by real estate investors is owning properties that are geographically scattered. A possible strategy allows for them to efficiently consolidate and optimize their holdings, pay no tax through a 1031 exchange, and
Vanguard-Fine facilitates eight sales totaling $6.823 million and completes 14 leases totaling over ...
September 8, 2020
Albany, NY Vanguard-Fine, LLC has completed the following: Barry Feinman, Kenneth Brownell and Paul Bulmer of Vanguard-Fine represented Albany Medical Center on the sale of 220 Washington Ave. Ext. between
Tuccillo of Marcus & Millichap reps seller in $9.75 million Walgreens sale
September 8, 2020
Wappingers Falls, NY Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of 1575 U.S. Rte. 9, according to
WinnCompanies celebrates ribbon cutting at Liberty Lofts at Sibley Sq. in Rochester
September 8, 2020
Rochester, NY WinnCompanies, a multifamily developer and property manager, celebrated the opening of 104 workforce apartments inside Liberty Lofts at Sibley Sq. The $23.6 million project marks the completion of a four-year effort to
Town of Hamburg IDA board approves land sale
September 8, 2020
Hamburg, NY The Hamburg Industrial Development Agency (IDA) Board of Directors, through their land development corporation, approved the sale of approximately 64.5 acres of land to Walden Development Group.
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