Posts Tagged ‘industrial real estate’
30B Post Road, Colonie, NY
Download PDF(opens in new tab) 30B Post Road – Colonie, NY Summary Pengate Handling Systems, an authorized regional dealership network for the Raymond Corporation, needed a new location for their Upstate group to operate in a larger, more efficient space with room for expansion. Deal Size: 38,995 SF Tenant: Pengate Handling Systems Inc. …
Read MoreIs Your Industrial Building Outdated? Key Features That Impact Value and Leasing
Industrial buildings don’t necessarily become obsolete because of age. In many cases, older properties in Upstate New York remain highly functional and continue to attract strong tenant demand. However, certain building limitations can make industrial properties more difficult to lease, harder to sell, or less competitive in today’s market. As warehouse and manufacturing requirements continue…
Read MoreNNN, CAM, and OPEX Explained: What Industrial Tenants and Owners Need to Know
Lease terminology can be confusing – especially when terms like NNN, CAM, and OPEX are used interchangeably. For both tenants and owners, understanding these costs is critical to evaluating the true price of a lease. Here’s a clear breakdown of what each term means and how they impact industrial real estate in Upstate New York. …
Read MoreSBC Represents Seller in Sale of 93 Broadway in Menands to YINCAE Advanced Materials
Standard Brokerage Co. represented the seller in the sale of 93 Broadway in Menands, a 67,000 SF industrial property acquired by YINCAE Advanced Materials LLC. The transaction, recently featured by Albany Business Review, highlights continued growth in the Capital Region’s advanced manufacturing and semiconductor sectors. Read the Albany Business Review article here!
Read MoreWhat Is Clear Height? Why It Matters in Industrial Real Estate
If you’re evaluating warehouse space, one of the first specifications you’ll hear is clear height. It’s a simple concept – but one that has a major impact on how a building functions, how efficiently it operates, and ultimately how valuable it is. For tenants across Upstate New York, clear height is often a deciding factor…
Read MoreBuild-to-Suit Explained: When It Makes Sense for Your Business
For many companies, finding the perfect space can feel impossible. Existing buildings may not meet operational needs, lack clear height, or fail to accommodate specialized equipment. That’s where build-to-suit comes in. A build-to-suit project allows a company to design and construct a facility tailored specifically to its operations – but it’s not the right solution…
Read MoreOutgrowing Your Office Space? Why Industrial & Flex Space May Be the Smarter Next Move
Growth is a good problem to have – but when your office space can no longer keep up, it creates real operational challenges. For many companies across Upstate New York, expanding teams, changing workflows, and increased demand force a critical decision: Do we find a bigger office, or rethink our space entirely? While traditional office…
Read MoreHacker Boat sells Queensbury HQ, Lake George marina listed for sale
The owners of Hacker Boat Co. have sold its 6.4-acre manufacturing and office complex off the Interstate 87 Northway in Queensbury for $4.9 million. The custom mahogany boat builder sold the property at 315 Corinth Road on Jan. 20, according to a deed filed this week in Warren County. Read more in the Albany Business…
Read MoreTop Trends in Industrial Leasing & Development
Every year, Standard Brokerage Company releases a comprehensive market report. But sometimes owners and tenants just want the highlights. Here’s a quick look at the top industrial leasing and development trends shaping Upstate New York — distilled into actionable insights. 1. Tenant Push for Outdoor Storage Trailer parking and secure yards are in higher demand…
Read MoreVP 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…
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