News:
Brokerage
Posted: September 12, 2023
Cushman & Wakefield/Pyramid Brokerage Company negotiates nine sales totaling $7.45 million
Syracuse, NY Cushman & Wakefield/Pyramid Brokerage Company has negotiated nine CRE sales.
• Joyce Mawhinney MacKnight from Cushman & Wakefield/Pyramid Brokerage Co. sold a 14,222 s/f church building on 14.11 acres at 5833 E. Seneca Tpke. to Islamic Society of Central New York for $900,000. Mawhinney represented the seller.
• Elaina Pirro and Sam Vulcano from Cushman & Wakefield/Pyramid Brokerage Co. sold 1.01 acres at 7176 Buckley Rd., Liverpool to SKS Orthodontics for $385,000.
• Michael Kalet from Cushman & Wakefield/Pyramid Brokerage Co. sold a 30,054 s/f industrial facility at 45 Aurelius Ave., Auburn to Garfield Property Management for $765,000. Kalet represented the seller, Nashville Skyline, LLC.
• Mark Austin from Cushman & Wakefield/Pyramid Brokerage Co. sold a 9,412 s/f industrial building at 1010 N State St., Syracuse to Basim Alquraishi for $330,000. Austin represented the seller, Michael Mauro, Sr.
• Jim Laurenzo, Chris Savage and Jonathan Weinstein from Cushman & Wakefield/Pyramid Brokerage Co. sold a 39,914 s/f industrial building at 301-423 W Taylor St., Syracuse for $375,000.
• Weinstein and Austin from Cushman & Wakefield/Pyramid Brokerage Co. sold a 58-unit apartment complex at 401 Smith St., Syracuse for $1.905 million. Weinstein and Austin represented the seller.
• Jeff D’Amore, SIOR and James Furney from Cushman & Wakefield/Pyramid Brokerage Co. sold a 22,200 s/f office building at 600 French Rd., New Hartford for $1.35 million. D’Amore and Furney represented the seller 600 French Road LLC.
• Michael Conley from Cushman & Wakefield/Pyramid Brokerage Co. sold a 1,560 s/f office building at 6134 State Rte. 23, Oneonta to Titan Drilling for $240,000. Conley represented the seller, the Boy Scouts of America, Oneonta NY in the transaction.
• Conley from Cushman & Wakefield/Pyramid Brokerage Co. sold an 11,000 s/f industrial building at 9494 River Rd., Marcy to Tracy Holdings for $1.2 million.Conley represented the seller.
Tags:
Brokerage
Central NY
MORE FROM Brokerage
Horizon Kinetics relocates new headquarters to Tishman Speyer’s Rockefeller Center
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
.jpg)
.gif)
Columns and Thought Leadership
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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
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
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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,
.gif)