Posts Tagged ‘commercial real estate’
VP Supply Buys Saratoga Springs Building for New Showroom
A building on West Avenue in Saratoga Springs sold in early March for $1.7 million. The owners of VP Supply Corp. purchased 50 West Ave. on March 4 under a limited liability company, according to a deed filed in Saratoga County. The seller was developer Frank Parillo, who is also holding the mortgage. Read more…
Read MoreTyler Culberson of Standard Brokerage Company Appointed to Center for Economic Growth Leadership Board
Albany, NY — March 6, 2026 — Standard Brokerage Company is proud to announce that its Founder, President & Principal Broker, Tyler Culberson, SIOR, has been appointed to the Leadership Board of the Center for Economic Growth (CEG), the Capital Region’s primary nonprofit economic development organization. CEG serves as a catalyst for business attraction, expansion,…
Read MoreIndustrial Zoning Basics: What Owners Should Understand in Upstate NY
Zoning can make or break an industrial real estate deal. Whether you’re leasing space to a tenant, planning new construction, or selling a site, zoning regulations dictate what’s allowed — and what isn’t. For owners across Albany, Saratoga, and the Hudson Valley, understanding zoning is critical to unlocking property value and avoiding costly missteps. 1.…
Read MoreThe Role of Rail Access in Industrial Real Estate
While much of industrial real estate revolves around highways and trucks, rail-served properties still play an important role in logistics. In Upstate New York, facilities with direct rail access can be a critical advantage for certain industries — but they also come with unique considerations for owners and tenants. Here’s what you need to know…
Read MoreHow 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 More