Case Studies

SALE Summary In 2018, PVC Associates sold their window manufacturing business to Vinylmax and retained the real estate. The ownership group identified a desire to sell the building in 2021 as the existing lease was reaching expiration. After listing property Culberson produced 3 competing offers within 2 weeks of listing the property. The final selling…

SALE Summary As the industrial market tightens throughout the Capital Region many industrial users have been forced to consider adaptive reuses. This facility was originally constructed as an indoor soccer facility. It was uniquely positioned in the market with 42 ft clear ceiling heights and clear span construction. Unfortunately the building didn’t have a slab…

LEASE Summary In cooperating with a national brokerage firm, Tyler was able to secure Ferguson Enterprises as a long-term tenant within the facility. The local landlord was satisfied that Ferguson made significant reinvestment in their building to add a showroom and sales counter area in addition to warehouse and exterior improvements. Deal Size: 88,000 SF…

LEASE Summary After Tyler made contact with Duravent, through his exhaustive cold calling routine, a need was identified by the client to expand their manufacturing and distribution footprint to 150,000 square feet within the Capital District. Deal Size: $10,500,000 Client: Duravent Situation Duravent had a need to expand their footprint in the market to 150,000…

LEASE 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…

SALE Summary After a multiyear site search with various complex site components including dual rail access, raw materials sourcing, and various others, James Hardie selected Westfield, MA as the ideal market for their finishing line and distribution to the greater Northeast market. Deal Size: $8,800,000 Client: James Hardie Situation Building material manufacturer James Hardie had…

SALE AND LEASE Summary After Kmart shuttered the location in 2014, Tyler worked with Turnpike Redevelopment Group in the redevelopment of the site. New York State Office of General Services leased 96,000 square feet which was converted to a state of the art office and training center for the Office of Children and Family Services.…