Thomas of CBRE brokers 9,565 s/f lease of 731 James St. and $375,000 sale of 909 Butternut St.
CB Richard Ellis agent David Thomas represented the Syracuse Teachers Association in its 18-month search for a new location. The Syracuse Teachers Association, an organization which represents 3,000 city school district employees, was located at 909 Butternut St., for 30 years. The organization leased the 9,565 s/f first-floor office space at 731 James St. The Sutton Companies was the listing agent.
Thomas also brokered the $375,000 sale of 909 Butternut St. to the Father's Heart Ministries. The 8,400 s/f office building will house the ministry and provide them the opportunity to expand their community outreach center activities. This will be an additional location for the Father's Heart Ministries, which is currently located on North State St. The Sutton Companies represented the buyer.
Manhattan, NY According to Tishman Speyer investment boutique Horizon Kinetics Asset Management LLC will relocate its current New York office to 18,713 s/f on the 27th floor of 1270 Avenue of the Americas at
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
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