Posts Tagged ‘capital region’
The 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…
Read MoreComfortex plant in Albany County listed for $7M
Window treatment manufacturer Comfortex Corp. has listed its 100,000-square-foot plant for sale with Standard Brokerage Company. Read more.
Read MoreUpstate New York Multiple Locations
TENANT REPRESENTATION Download PDF Summary Four Tenant Representation Industrial assignments throughout New York State. Two of the four deals ended up going to off market opportunities which would not have been feasible with national brokerage services only looking for publicly listed sites. All four had significant parking and unique location requirements making this site search…
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