5 & 13 Corporate Drive, Halfmoon, NY

Summary
In 2020, Abele Builders, were notified that their 15+ year tenant was vacating both  building totaling approx 36,000 sf. Tyler was engaged and after just 6 months was able to secure one tenant for each building. Each Tenant made significant reinvestment in critical infrastructure within the building for unique flex/industrial uses.
Deal Size: 2 deals totaling over 36,000 sf, lease valued at over $1,800,000
Client: Abele Builders, Inc. Commercial Division
Tenants: PVA and LS Power

Situation
Lease up two buildings that had been occupied by a single tenant for 15+ years.

Strategy
Actively market the space to growing users in the market.

Result
Culberson was able to secure two quality tenants quickly and fill the vacancy for the landlord with minimal vacancy downtime.

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