News: Brokerage

Vanguard-Fine completes $1.25 million sale and 8 leases totaling 34,973 s/f

Kenneth Brownell is with Vanguard-Fine, LLC Kenneth Brownell, Vanguard-Fine, LLC
Barry Feinman is with Vanguard-Fine, LLC Barry Feinman, Vanguard-Fine, LLC

Wilton, NY Vanguard-Fine, LLC recently completed the following transactions:

• Barry Feinman and Kenneth Brownell of Vanguard-Fine, LLC and Gerard Wise of Roohan Realty  brokered the sale of 4.79 acres on Rte. 50 for $1.25 million between FFBWood #2, LLC and Alan Rhodes, trustee of the Gick Road Charitable Remainder Unitrust. This property will be a new retail center.

• Brownell and Feinman brokered a 10-year lease between Harbor Freight Tools and Gator Transit Partners Ltd. The 15,040 s/f store is located at Transit Road Plaza, in Lockport.

Steven Lerner, Vanguard-Fine, LLC
Christopher Farrell, Vanguard-Fine, LLC

• Feinman, Brownell and Steven Lerner of Vanguard-Fine, with Binglin Li of Keller Williams Realty, brokered a 10-year lease between Aoxiang LLC dba Sake Bon II and Plaza P&M, LLC. The 3,000 s/f restaurant is located at 1702 Chrisler Ave. in Rotterdam.

• Brownell and Feinman, with Steve Powers of Nigro Cos., brokered the seven-year lease between Marello Restaurant Group, LLC and Tri-City Rental. The 1,800 s/f restaurant is located at Park South, 33 New Scotland Ave. in Albany.

• Feinman and Brownell brokered the three and a half-year lease between Everything Pets & Supplies and Russell Road Associates. The 6,000 s/f store is located at Westgate Plaza in Albany.

• Brownell, Feinman and Christopher Farrell of Vanguard-Fine brokered a three-year lease between Michelle Messiha and Mohammed Jehan and Alex Bana. The 1,200 s/f  used car dealership is located at 1708 State St. in Schenectady.

• Lerner, Feinman and Brownell, with Brett Baxt of the Howard Group brokered a five-year lease between AARRVIKA INC dba Dollar Power Plus and Colonie Realty Associates NY, LLC. The 2,975 s/f store is located at Kohl’s Plaza, 1814 Central Ave. in Albany.

• Feinman and Brownell, with Alex Kutikov and Gordon Heeps of RedMark Realty, brokered a 10-year lease between Uncommon Grounds and Windsor Development. The 3,379 s/f restaurant is located a t 9 Clifton Country Rd. in Clifton Park.

• Farrell, Feinman and Brownell, with Michael Hotarek of Eastern Retail Properties, brokered a five-year lease between The Wireless Center, Inc. and Delaware Plaza, LLC.  The 1,579 s/f store is located in Delaware Plaza in Delmar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their