News: Brokerage

Vanguard-Fine closes three sales totaling $2.79 million and secures four leases: 8,107 s/f

Barry Feinman,
Vanguard-Fine, LLC

 

Kenneth Brownell,
Vanguard-Fine, LLC

 

Steven Lerner,
Vanguard-Fine, LLC

 

Christopher Farrell,
Vanguard-Fine, LLC

 

Albany, NY Vanguard-Fine, LLC recently completed the following: 

• Barry Feinman and Kenneth Brownell of Vanguard-Fine brokered a lease between Filta and Clark Industrial Park, LLC. The 1,500 s/f office is located at 10 Walker Way. 

• Brownell and Feinman, with Jeff Christian of First Street brokered the sale of 948-954 State St. in Schenectady, between purchaser Kathryn Antonl Trust and seller FFBWood #2, LLC. The sale price was $1.9 million. The .96 acre site is a built to suit for FDS. 

• Steven Lerner of Vanguard-Fine,  with Dan and Lisa Shepard of All In 1 Realty Services, LLC brokered the sale of 161 Troy Schenectady Rd. in Latham, between purchaser UniFirst Corp. and seller Ajit Khanuja. The sale price was $520,000. The 7,200 s/f building will be used for UniFirst facility expansion. 

• Brownell and Feinman brokered a 10-year lease between RVST Holdings, LLC (dba Five Guys Burgers and Fries) and Route 23 Associates. The 2,475 s/f restaurant is located at Southside Mall in Oneonta,. 

• Lerner, Brownell and Feinman brokered the ten-year lease between Connemara Enterprises, Inc and National Retail Properties, Inc.  The 2,052 s/f laundromat is located at 101 Saratoga St. in Cohoes. 

• Feinman, Brownell, and Christopher Farrell of Vanguard-Fine, with Todd Drowlette of IKON Realty brokered sale of 100 Mohawk St. in Cohoes. The sale price was $375,000.  The 4,575 s/f building will be a new Pioneer Bank location. 

• Lerner brokered a six-year lease expansion between Tracy’s Glass Slipper, LLC and SKJ Properties, LLC. The expansion went from 1,000 s/f to 2,080 s/f and is located in KEM Plaza 4803 Rte. 30 in Amsterdam.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,