Posts Tagged ‘industrial’
Former Cascades plant in Waterford sold for $8.5M
The 585,000-square-foot structure was thought to be the largest existing building on the market in the Albany area. Read more in the Albany Business Review.
Read More1835 US-9, Schodack, NY
BUILT TO SUIT Download PDF Summary Deal Size: 1,012,000 SF Landlord: Scannell Properties Tenant: Amazon Situation Amazon entered the market with a unique requirement necessitating a building pad in excess of 1,800 ft in width. This eliminated many sites based on general site configuration. Scannell had previously negotiated the acquisition of the subject parcel and…
Read More19 Warehouse Row, Albany, NY
SALE Download PDF Summary A large developer in the Capital Region was looking to dispose of a long held industrial asset in a quick and efficient process. With minimal inventory of actively marketed properties, Culberson was able to source multiple buyers prior to public marketing of the site. Deal Size: 64,908 SF, $5,200,000 Seller: Columbia…
Read MoreRosenblum adds another warehouse to its portfolio
Rosenblum Cos. now owns more than 500,000 square feet of warehouse and industrial buildings. Read more in the Albany Business Review.
Read More66 Duplainville Road, Saratoga Springs, NY
BUILT TO SUIT Download PDF Summary Soleno Inc, a leading manufacturer of water management solutions was looking to establish a U.S. operation for production of large diameter pipes for storm water management. Deal Size: 50,000 SF with 20 acres of yard space Landlord: Munter Enterprises Tenant: Soleno, Inc Situation Soleno was searching for its first…
Read More47-51 Pine Camp Dr., Kirkwood, NY
SALE AND LEASE Download PDF Summary With limited industrial inventory, Culberson was able to source the deal prior to public marketing. Deal Size: 161,490 SF Seller: Canopy Growth Purchaser: Green Mountain Electrical Supply Tenant: Rogers Service Group Situation Green Mountain Electric Supply was in need of a centralized distribution facility. Culberson was able to source…
Read More10 Skyward Dr., Saratoga Springs, NY
SALE AND LEASE Download PDF Summary 100% leased Class A industrial facility located within the W.J. Grande Industrial Park in Saratoga Springs. This newer construction (2018) features ample office space across two floors with higher end finishes, as well as additional production mezzanine in the warehouse area. The site features approximately 16 acres of surplus…
Read More124 Route 17k, Newburgh, NY
BUILT TO SUIT Download PDF Summary New Class A construction offers flexibility to build to suit tenants needs. Newburgh Commerce Center is located in Orange County, NY which is the fastest growing industrial market in the Upstate Region. Site work to commence Spring of 2022 and 72,000 sf has been preleased. This location offers premier…
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…
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