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Family-owned manufacturer buys second Albany County facility
A Cohoes-based manufacturer of plastic foam used in construction has purchased a second facility in the Albany County city. An affiliate of family-owned Shelter Enterprises Inc. closed last month on a $2.6 million purchase of 461 Saratoga St. in Cohoes, a portion of the former Mohawk Fine Papers complex that was previously occupied by Crane Stationery,…
Read MoreWhat Rising Construction Costs Mean for Industrial Owners
From steel to concrete to labor, construction costs have been on a steady climb. For industrial real estate owners in Upstate New York, these increases are more than just a headline — they’re directly influencing property values, lease rates, and development pipelines. Understanding how rising costs affect your investment is critical for making informed decisions…
Read MoreManufacturing facility near Thruway sells for $15M
A manufacturing complex in West Coxsackie off the Thruway’s Exit 21B has sold for $15 million, according to a recent Greene County deed filing. The 230,900-square-foot facility at 15 Houghtaling Road was sold by SSB Manufacturing Co., an entity related to Serta Simmons Bedding. Read more in the Albany Business Review.
Read MoreRegeneron to Invest $2 Billion at Saratoga Springs Facility
Biotechnology firm Regeneron plans to spend $2 billion to repurpose the former Quad plant in Saratoga Springs for drug manufacturing, a project it says would create 1,000 jobs. The company disclosed its plans for the 1 million-square-foot facility off Duplainville Road in an application for financial incentives from the Saratoga County Industrial Development Agency. Read more in…
Read MoreVan Patten Industrial Portfolio – Clifton Park, NY
Download PDF 602 PIERCE ROAD, CLIFTON PARK, NY 620 VAN PATTEN DRIVE, CLIFTON PARK, NY Summary Long-time Clifton Park developer Country Club Acres Inc. sought to quietly dispose of its industrial portfolio in off-market transactions. SBC successfully secured this off-market transaction of over 150,000 SF across two buildings, along with 27 acres of industrial land…
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