Posts Tagged ‘real estate’
Two warehouses sell for $10M in Clifton Park
A warehouse at 602 Van Patten Drive that was part of the $10 million sale to Green Mountain Electric Supply of Colchester, Vermont. Read more in the Albany Business Review.
Read More767 Pierce Road, Clifton Park, NY
Download PDF Summary VP Supply was undertaking an enhancement of their warehousing and distribution network. They were looking for a centralized distribution center within the Capital Region to help support their branch network and serve as a final mile facility for direct to customer deliveries. Culberson successfully secured 80,000 SF in an ideal location and…
Read More60 Loudonville Road and 750 Pierce Road
BUILT TO SUIT Download PDF Summary Kinsley Power Systems founded in 1964, the Northeast’s leading energy solutions provider with operations in CT, NY, NJ and PA , was in need of a larger, modern facility to service the Capital Region and surrounding areas as they had outgrown their existing home of the past 15+ years.…
Read More14 Hoefler Avenue, Ilion, NY
BUILT TO SUIT Download PDF Summary The former Remington Arms facility located in Ilion, NY, for over 200 years (built in 1828) has been sold to Turin Management LLC, a women-owned development company. The 32-acre, 1.1 million square-foot site at 14 Hoefler Ave. was purchased by Turin Management after Remington Arms closed the facility in…
Read MoreFormer 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…
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