News: Brokerage

Vanguard-Fine negotiates seven transactions

Kingston, NY Vanguard-Fine has negotiated the following transactions:

• Kenneth Brownell of Vanguard-Fine, LLC and Andrew Peckage of TRG brokered the 10-year lease between Harbor Freight Tools USA, Inc. and TRG Companies. The 26,292 s/f store is located at 25 Boices Ln.

• Paul Bulmer and Brownell of Vanguard-Fine, LLC and Brian Donovan of Donovan Real Estate brokered the lease between Chase Bank and Schuyler Companies in Glenmont.

• Brownell and Steven Lerner of Vanguard-Fine, LLC brokered the 10-year lease between Green Caboose, LLC and Wolf Road Park, LLC. The 1,500 s/f Jimmy John’s is located at 155 Wolf Rd., Albany.

• Brownell and Donovan of Donovan Real Estate represented the landlord and Andrew Peckage of TRG brokered the 20-year lease between Liberty Restaurants of Syracuse, LLC and National Retail Properties, Inc. The Popeye’s Restaurant is located on 1.2 acres in Watertown.

• Chirstopher Farrell of Vanguard-Fine, LLC brokered the sale of 1207 Johnsonville Rd., Pittstown, between purchaser Joseph Hanson and seller Diamond Wood Estates. The purchase price was $900,000.

• Brownell brokered the sale of 10 Vista Dr., Slingerlands, between purchaser Marrello Management, LLC and seller FC Vista, LLC. The purchase price was $3.6 million.

• Benjamin and Barry Feinman of Vanguard-Fine, LLC and Jesse Tranvaag of Berkshire Hathaway HomeServices Blake brokered the lease between Accessible Bath Technologies, LLC and MDB Enterprises. The 2,606 s/f facility is located at 12A Petra Ln., Albany.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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,

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
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