News: Brokerage

Pyramid Brokerage - Rochester brokers $1.06 million for two sales

Pyramid Brokerage Co. - Rochester has recently completed a total of $1.06 million for two sales and a total of 99,658 s/f for two leases. The deals include: * The sale of 125 Elmgrove Rd. in Gates. The 13,074 s/f industrial facility was sold to Five Star Tool for $635,000. Steve Lichtenberger of the Pyramid Rochester office represented the buyer. * The sale of 135 Dodge St. The 21,140 s/f industrial building was sold to Global Precision for $425,000. Lichtenberger and John Manilla of the Pyramid Rochester office represented the seller. * The lease of 50,500 s/f of office space at 3750 Monroe Ave. in Pittsford. Daniel O'Neill, SIOR of the Pyramid Rochester office represented the landlord. *The lease of 49,158 s/f of industrial space to Weldrite Closures, Inc. at 2292 Innovation Way (Building 8) in Rochester Technology Park in Gates. David Farrington and John Kaman of the Pyramid Rochester office represented the tenant. The Pyramid Rochester office also closed the two following sales with undisclosed prices: * The sale of a vacant land parcel in the downtown area. The parcel will be developed by ESL Federal Credit Union for their corporate headquarters. Manilla represented the buyer. * The sale of the Midtown Plaza Complex in the downtown area. The 1.2 million s/f office and retail complex was sold to the city for a proposed downtown development project. Manilla and Kaman of Pyramid and Gary Gabriel of the Cushman & Wakefield - East Rutherford, N.J. office represented the seller, Blackacre Capital Partners out of New York City.
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