Posts Tagged ‘capital region’
How to Position an Industrial Property for Sale in Today’s Market
Selling an industrial property isn’t as simple as putting up a “For Sale” sign. In today’s market, where tenants and investors are actively seeking quality space, how you position your property can make a big difference in sale price, timing, and buyer interest. For owners across Albany, Saratoga, and the Hudson Valley, here’s a roadmap…
Read MoreFlex Space Explained: When Does It Make Sense for Tenants?
Not every tenant needs a massive distribution center or a traditional office building. For many, the sweet spot is somewhere in between — and that’s where flex space comes in. Across Albany, Saratoga, and the Hudson Valley, flex properties are gaining popularity for their adaptability and cost efficiency. Here’s what owners and tenants should know…
Read MoreFamily-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 MoreUnderstanding NNN Leases for Industrial Real Estate
When evaluating industrial real estate, one of the most common terms you’ll encounter is “NNN lease.” Short for triple net lease, this structure is the industry standard for warehouses, distribution centers, and flex properties across Upstate New York. But what does it mean for owners and tenants, and why does it matter? What Is an…
Read MoreHighway Connectivity: Why the I-87 Corridor Is Driving Warehouse Demand
In today’s logistics-driven economy, proximity to highways is one of the most important factors in site selection. For industrial real estate in Upstate New York, the I-87 corridor — stretching from Albany to Saratoga and beyond — has become the epicenter of warehouse demand. Tenants, developers, and investors are all competing for space along this…
Read More5 Common Mistakes Owners Make When Leasing Industrial Space
Leasing an industrial property should be a straightforward process: find the right tenant, sign the deal, and collect stable cash flow. But many owners unknowingly make mistakes that cost them time, money, and credibility in the market. In competitive Upstate NY markets — from Albany to Saratoga to the Hudson Valley — avoiding these pitfalls…
Read MoreStandard Brokerage Company’s Tyler Culberson Named CoStar Power Broker Award Winner for Q3 2025
Albany, NY – Standard Brokerage Company (SBC) is proud to announce that Tyler Culberson, SIOR, Founder and Principal Broker, has been recognized by CoStar Group as a Q3 2025 Power Broker Award Winner in the Albany/Schenectady/Troy market for Top Sales Deals. Culberson earned the distinction for representing the purchaser in the $10 million acquisition of…
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…
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