Posts Tagged ‘capital region’
Lease vs. Buy: How Industrial Users Should Decide in Upstate NY
For growing industrial users in Upstate New York, the decision to lease or buy a warehouse is one of the most important strategic choices they’ll make. It impacts balance sheets, long-term flexibility, and even customer service. With low vacancy rates across Albany, Saratoga, and the Hudson Valley, many companies are weighing whether it makes more…
Read MoreIndustrial Outdoor Storage (IOS): What Owners & Tenants Need to Know
Industrial outdoor storage (IOS) has become one of the hottest segments of industrial real estate. In markets like Albany, Saratoga, and the Hudson Valley, fenced yards and paved lots are increasingly sought after by logistics firms, contractors, and transportation operators. But what exactly is IOS, and why is demand growing so quickly? What Is Industrial…
Read MoreThe Top 5 Things Tenants Look for in a Warehouse Lease
When it comes to industrial real estate, not all warehouses are created equal. For tenants, finding the right space is about more than square footage – it’s about functionality, efficiency, and long-term scalability. In competitive markets like Albany, Saratoga, and the broader I-87 corridor, landlords who understand tenant priorities position their properties for faster lease-up…
Read More$109M in financing secured for BOCES campus construction project in Wilton
The developer behind the new BOCES campus in Wilton closed on the property and financing last week as the project is set to start construction. CIDC Wilton LLC purchased the land for the new Washington-Saratoga-Warren-Hamilton-Essex BOCES campus on Sept. 9, according to a deed filed in Saratoga County on Tuesday. Read more in the Albany…
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…
Read MoreTwo warehouses sell for $10M in Clifton Park
A warehouse at 602 Van Patten Drive that was part of the $10 million sale to Green Mountain Electric Supply of Colchester, Vermont. Read more in the Albany Business Review.
Read More767 Pierce Road, Clifton Park, NY
Download PDF Summary VP Supply was undertaking an enhancement of their warehousing and distribution network. They were looking for a centralized distribution center within the Capital Region to help support their branch network and serve as a final mile facility for direct to customer deliveries. Culberson successfully secured 80,000 SF in an ideal location and…
Read More135 Sullivan Ave., South Windsor, CT
LEASE Download PDF Summary After completing an extensive Northeast site search, Mobis Parts America identified three final candidates in Massachusetts and Connecticut. In working with Scannell Properties, Tyler and Dan represented two of the final three sites. South Windsor, CT was identified as the preferential site because of the developer’s capability to deliver the site…
Read MoreNortheastern Industrial Park, Guilderland, NY
PORTFOLIO LEASING Download PDF Summary Since 2014, Culberson has worked with Heritage Management in the successful leasing program which assisted in taking the vacancy rate from nearly 50% down to 0%. Culberson remains engaged in providing market insight and lease renewal activity. With over 10 years of portfolio brokerage services, his strategic lease analysis has…
Read More1710 Schodack Valley Road, Schodack, NY
BUILT TO SUIT Download PDF Summary Culberson and Slote utilized their strong market relationships to quickly secure a second location for a repeat landlord and tenant. Deal Size: 278,000 SF Landlord: Scannell Properties Tenant: Amazon Situation Amazon was looking to expand their presence within the Capital Region within a confined timeline. Strategy Scannell Properties has…
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