News: Brokerage

Pyramid arranges three Syracuse sales

Pyramid Brokerage Company has completed three sales in the area that include the following: * William Evertz of Pyramid represented the buyer in the sale of a 27,000 s/f shopping center, located at the corner of Bear and Buckley Rds. The center was sold to Berkley Properties LLC for $1.6 million. Berkley Properties is a company that owns and operates multifamily, mixed use properties, and retail shopping centers. * Evertz also brokered the sale of a 4,500 s/f flex-building located at 148 Dwight Park Cir. for $305,000. Forensic & Failure Analysis Inc purchased the property-expanding from its previous Dwight Park location. * The 14,640 s/f office building located at 5710 Commons Park Dr. was sold by  Edward Tibbits to Klepper, Hahn & Hyatt, an engineering and architectural firm.  The purchase and expansion will enable Klepper, Hahn & Hyatt to better service their clients and to provide an environment suitable for existing demand and growth. Michael Kalet, Brian Balash and John Clark, SIOR, CRE of Pyramid were the brokers.
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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

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.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

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
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