News: Brokerage

Fournier of Sutton Real Estate brokers $9.5 million sale of Medical Center West; $475,000 sale by Feinberg; $250,000 sale by Thomasmeyer; 1,650 s/f lease by Nave Fehlman

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Camillus, NY According to Sutton Real Estate, the firm has completed the following transactions:

• Louis Fournier, president of Sutton acted as the exclusive broker in the sale of Medical Center West, an 82,000 s/f medical center. The sale price was $9.5 million. The buyer, Mohawk-Syracuse LP, specializes in acquiring and managing medical office buildings in Canada and Florida. Medical Center West is Mohawk’s first acquisition in the state. 

Medical Center West was originally the home of GTE Sylvania’s Syracuse data center until it closed in 1997. In 1998, a group of local physicians formed Medical Center West, LLC for the purpose of creating the first multi-specialty medical building in the Camillus area. Sutton became involved with the project shortly after and helped complete the development and lease up of the facility which contains primary care, specialty practices, an urgent care center and an ambulatory surgery center.

• Bart Feinberg brokered the sale of Syracuse Pool & Patio, a 6,400 s/f retail building located at 353 Grant Ave. in Auburn. The sale price was $475,000. The buyer is Moran, Moran & Dauphin, Inc., an insurance agency.

Bart Feinberg,
Sutton Real Estate

 

John Thomasmeyer

 

Kristen Nave Fehlman

 

• John Thomasmeyer represented the buyer, Pawn King Corp., in the purchase of the former McDonalds. The 6,000 s/f  retail building  located at 5849 East Circle Dr. in Cicero sold for $250,000.

• Kristen Nave Fehlman represented the landlord in the lease of a 1,650 s/f retail space to H & R Block at Centre 31, located at 6263 State Rte. 31 in Cicero. 

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