Posts Tagged ‘central’
135 Sullivan Ave., South Windsor, CT
LEASE 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 to meet…
Read MoreNortheastern Industrial Park, Guilderland, NY
PORTFOLIO LEASING 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. Heritage owns and manages millions of square feet of industrial space through out the Northeast.…
Read More1710 Schodack Valley Road, Schodack, NY
BUILT TO SUIT 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 a long…
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 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 more challenging.…
Read More1 Mustang Drive, Cohoes, NY
LEASE Summary After a lengthy search in the market, Culberson and Slote were able to relocate PVA to a new headquarters in Clifton Park which enabled Amazon to open a 115,000 SF Final-Mile facility. Amazon extensively renovated the building and made significant capital improvements. Deal Size: 115,000 SF Landlord: PVA Tenant: Amazon Situation Tenants needs…
Read More5 & 13 Corporate Drive, Halfmoon, NY
INDUSTRIAL PORTFOLIO Summary In 2020, Abele Builders, were notified that their 15+ year tenant was vacating both building totaling approx 36,000 sf. Tyler was engaged and after just 6 months was able to secure one tenant for each building. Each Tenant made significant reinvestment in critical infrastructure within the building for unique flex/industrial uses. Deal…
Read MoreCulberson wins CoStar Impact Award for Sale of the Year for Albany
By Coleman Applegate, CoStar Research SKS Bottle and Packaging faced unexpected challenges during the COVID-19 pandemic, leaving the Saratoga Springs, New York-based supplier in need of capital. The solution was a sale-leaseback deal that kept the company operating in its existing — and now shared — facility. Constructed in 2018, the industrial processing plant at 10 Skyward…
Read MoreConstruction of Soleno’s $22M pipe factory in Saratoga underway
Canadian pipe manufacturer Soleno Inc. is building a plant within the W.J. Grande Industrial Park. The company will be fabricating plastic pipes with diameters of up to 13 feet at the Saratoga Springs facility. Read more in the Albany Business Review.
Read MoreDemand for commercial space driving Bethlehem warehouse projects
Standard Brokerage Company is excited to be leasing both sites in the Town of Bethlehem. CSX has one of their largest yards adjacent to our site at 200 West Yard Road. Burt Crane and Rigging has constructed their first 30,000 sf building with approvals commencing on an additional 60,000 sf. This site offers best in market highway accessibility…
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