CBRE|Syracuse facilitates five sales totaling $9.865 million

Syracuse, NY According to Michael Finn, managing partner of CBRE|Syracuse, the firm completed the following commercial real estate transactions:

Bill Anninos and Larry Van Der Bogart of CBRE|Syracuse represented Frito-Lay for the leasing of a 70,800 s/f industrial facility at 6600 New Venture Gear Dr. in East Syracuse. The property is an industrial facility with a total of 80 dock doors and 20 drive-in doors, this property also offers other advantages, including up to 32’ clear ceilings, cross-dock availability, and heavy utilities.
Peter Finn and Marty Dowd of CBRE|Syracuse represented the sellers in the sale of Westvale Plaza (2102-2214 and 2318 West Genesee St., a 184,393 s/f retail plaza. This plaza is anchored by Planet Fitness; Family Dollar; Rescue Mission; Geddes Federal, and numerous other national and local tenants. The property sold for $6.8 million.
Dowd and Glenn Weisiger of CBRE|Syracuse sold a 20,250 s/f retail property for $1.45 million. The property is located at 440 West Nyack Rd. in West Nyack, and was previously owned by The Salvation Army. The property was purchased by New Plan North, LLC.
Rick Searles of CBRE|Syracuse sold an 11,325 s/f building at 364 Industrial Park Dr. in Kirkwood. The property sold for $1.15 million. The property was purchased by 611 Land development Company, LLC. The property was a former FedEx Cross Dock facility. FedEx outgrew the facility and built new in the region.
Searles sold a 6.7-acre industrial development site, at 274 Broome Corporate Pkwy. in Conklin. The industrial development site was purchased by American Recycling, LLC for $325,000. American Recycling, LLC. is a NJ-based scrap metal recycling company, and has been around for over 130 years.
Dowd sold a single tenant, two-story office space totaling 3,600 s/f. The property is located at 2500 Brewerton Rd. in Mattydale. The office space sold for $140,000. The office space was previously owned and maintained by JMT Properties, LLC.
Bill Anninos of CBRE|Syracuse and Kristen Nave of Sutton Real Estate Company leased a 1,904 s/f office space at 432 N. Franklin St. (The Foundry). The office space was leased to Dakota Wealth Management. Dakota Wealth Management is an independent investment management firm serving high-net-worth individuals and families.

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