3 Grande Boulevard, Saratoga Springs, NY

Summary
Northeast regional third party logistics operator was assisted in leasing a portion of the personal real estate portfolio. In under 9 months over 100,000 square feet of space was leased, not only improving the NOI but creating long term tenancy in buildings 3 & 4.
Deal Size: Two deals completed in 2021 totaling over $3,500,000 aggregate lease value
Landlord: Logistics One
Tenant: PODS, Atlast Foods

Situation
Ownership had vacancy across multiple buildings totaling over 100,000 square feet.

Strategy
Implement a robust marketing plan targeting local and national tenants looking to service the Capital Region and northeast markets.

Result
Culberson was able to secure two tenants in under 9 months to fully occupy ownerships vacant spaces.

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