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Albany Times UnionOne Commercial Plaza, the largest commercial property in Albany, N.Y., has been sold for $38.4 million. General Electric Credit Equities Inc. sold the 740,000-square-foot building to One Commerce Plaza LLC and 99 Washington LLC, two investment groups based ...
The Business Review (Albany)Queri Development Co. of Syracuse, N.Y., wants to build a 10- or 11-story mixed-use apartment complex in downtown Albany, N.Y. The project would rise at 691 Broadway, just steps away from historic Quackenbush Square, the Albany Pump ...
The Business Review (Albany)The industrial vacancy rate in the Albany, N.Y., area has increased in the past six months and may continue to rise as older manufacturing space becomes functionally obsolete. According to study by CB Richard Ellis' Albany office, ...
The Business Review (Albany)Schenectady, N.Y., real estate firm Trimarchi Management plans to grow its portfolio to $1 billion in assets over the next three years and will target the South and West for big deals. The company recently paid $98 ...
Glimcher Realty Trust has sold the Southside Mall in Oneonta, N.Y., for $13 million.The enclosed shopping center, which has 225,663 square feet, was sold to a venture affiliated with Feinberg Development Corp. of Binghamton, N.Y.The property, which Glimcher had classified ...
June 27, 2005 The Business Review (Albany) Prudential Blake-Atlantic Realtors and Mercer Property Management LLC are teaming up to provide commercial real estate brokerage and leasing services in the Albany, N.Y., metro region. Under the strategic alliance, Prudential will provide ...
June 13, 2005 The Business Review (Albany) The office market in Albany, N.Y., has seen a jump in vacancies over the last six months. In the suburbs, the vacancy rate increased to 10.8 percent from 8.6 percent six months ago, ...
June 6, 2005 The Business Review (Albany) The Galesi Group is planning a $10 million movie theater/office building complex on State Street in downtown Schenectady, N.Y. As part of the project, Bow Tie Cinemas will open a six-screen theater at ...
May 17, 2005 Ramsfield Hospitality Finance has provided $6.5 million of subordinate debt to Garrett Hotel Group, allowing the Burlington, Vt., hotelier to consolidate some corporate-level debt and fund improvements at two of its properties.The $6.5 million debt carries a ...
May 9, 2005 The Business Review (Albany) The Solomon Organization, a New Jersey property management company, has acquired a 12-complex New York apartment portfolio from DCG Development Co. of Clifton Park, N.Y. DCG sold its entire residential portfolio of more ...
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