News: Brokerage

Vanguard-Fine completes 10 deals: Three sales and 56,718 s/f in leases

Vanguard-Fine, LLC has completed the following transactions: * Kenneth Brownell, Barry Feinman and Christopher Farrell of Vanguard-Fine brokered a three year lease between DS Waters and Brod Partners, LLC. The new 4,000 s/f office warehouse is located at 25 Post Rd. * Brownell and Feinman with Brian Donovan of Donovan Real Estate Services brokered a five year lease between Olympia Sports and Kimco Realty. The new 4,200 s/f store is located at 44 Plaza in Poughkeepsie. * Brownell and Feinman with John Macaffer of CBRE co-brokered a ten year lease between Fresh Treats Niskayuna, LLC, DBA TCBY and IMCC St. James, LLC. The new 2,012 s/f TCBY store is located at Shop Rite Plaza in Niskayuna. * Brownell and Feinman brokered the sale of The Burger King Property located at 1480 Western Ave., Albany, between GE Capital/CNL APF Partners, LP and Bettoil Fuel Services. The sale price was $1.42 million. * Paul Bulmer of Vanguard-Fine, brokered a five year lease between Goodwill Industries and El Gato Grande Limited Partnership. The new 8,150 s/f store is located at Dalton Plaza, 454 Dalton Ave. in Pittsfield. * Bulmer brokered the sale of two acres of land located on Rte. 22, in Hoosick Falls, between Baker's Nurseries, Inc. and Hoosickwood, LLC for the development of an 8,000 s/f Family Dollar Store. The sale price was $120,000. * Steven Lerner, Feinman and Brownell of Vanguard-Fine brokered the sale of Kem Plaza located on Rte. 30, in Amsterdam between Kem Plaza, Inc and Sarbjeet Sahota. The sale price was $1,087,500. * Brownell and Feinman of Vanguard-Fine, and Thomas Horn of Horn Companies cobrokered a ten year lease between EC Barton and Company and 71 Fuller Road Colonie, LLC. The 28,856 s/f new Grossman's Lumber is located at 71 Fuller Rd., Colonie. * Brownell and Feinman brokered a three year lease renewal between Draper Development and Clark Industrial Park. The 2,500 s/f facility is located at 4 Fritz Blvd., Albany. * Brownell and Feinman, with Donovan of Donovan Real Estate brokered a ten year lease between Olympia Sports and DDR Warsaw Plaza, LLC. The new 4,000 s/f store is located at Tops Plaza, Warsaw. * Brownell and Feinman, with Donovan of Donovan Real Estate brokered a ten year lease between Olympia Sports and DDR Ontario Plaza, LLC. The new 5,000 s/f store is located at Tops Plaza, Ontario.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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,