Posts Tagged ‘industrial’
10 Skyward Dr., Saratoga Springs, NY
SALE AND LEASE Download PDF(opens in new tab) 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…
Read More124 Route 17k, Newburgh, NY
BUILT TO SUIT Download PDF(opens in new tab) 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…
Read More135 Sullivan Ave., South Windsor, CT
LEASE Download PDF(opens in new tab) 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…
Read MoreNortheastern Industrial Park, Guilderland, NY
PORTFOLIO LEASING Download PDF(opens in new tab) 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…
Read More1710 Schodack Valley Road, Schodack, NY
BUILT TO SUIT Download PDF(opens in new tab) 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…
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(opens in new tab) 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…
Read More1 Mustang Drive, Cohoes, NY
LEASE Download PDF(opens in new tab) 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…
Read More5 & 13 Corporate Drive, Halfmoon, NY
INDUSTRIAL PORTFOLIO Download PDF(opens in new tab) 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…
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…
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