City: Albany

BusinessReviewRealty Financial Partners took over ownership of the LathamCircle Mall in Colonie, N.Y., after its previous owner defaulted on $25 millionof debt. Realty Financial of Wellesley, Mass., plans to reposition the675,000-square-foot retail property in suburban Albany, N.Y. The property was ...

Business ReviewClass-A office rents will be flat in Albany, N.Y., this yearand increase slightly in some of its suburban markets, according to areabrokerage Conley Associates. A limited amount of recent construction is a majorfactor in the market's's ability to avoid ...

Business ReviewColumbia Development Corp. is teaming up with Rensselaer Polytechnic Institute to develop a $15 million office/retail project in Troy, N.Y. The city plans to provide a $5 million grant for the 100,000-square-foot project, which is planned for the former ...

Business Review Empire Merchants, an alcoholic-beverages distributor, is building a $27.5 million corporate headquarters and distribution center near Albany, N.Y. The company will consolidate three area operations in Coxsackie, N.Y., into the 250,000-square-foot project in the Kalkberg Commerce Park.

The Business ReviewLogistics One, a suburban Albany, N.Y., warehousing and transportation company, has proposed developing a 175-unit multifamily complex at one of its warehouse properties.The project could cost up to $40 million and would be constructed on 10 acres at ...

The Business Review Advanced Micro Devices is planning to build a $4.6 billion computer chip-fabrication facility near Albany, N.Y. The Sunnyvale, Calif., company has filed plans to build 1.3 million square feet of office and light industrial space on 63 ...

The Business ReviewThe Albany, N.Y., Planning Board has approved plans to redevelop a vacant 75,000-square-foot building into a high-end multifamily property. The plans call for 52 apartments and two ground-floor retail pads at 488 Broadway, which previously housed an entertainment ...

The Albany Business Review Bruce Tanski has paid $12.2 million for the 212-unit McGregor Village Apartments in the Albany, N.Y., suburb of Wilton, N.Y. The Albany developer purchased the property, which was built 10 years ago, from fellow developer Michael ...

Commercial Real Estate Direct Staff ReportCentro Properties Group, an Australian property trust, is marketing for sale a 339,283-square-foot retail portfolio in upstate New York with a $32.7 million asking price.The listing agent, Pyramid Brokerage Co. of Syracuse, N.Y., is soliciting ...

TheBusiness Review (Albany)McNearyInc. has paid $10 million for a 450,000-square-foot warehouse in the Albany suburb of Bethlehem,N.Y. The SaratogaSprings, N.Y., developer purchasedthe building at 218 W. Yard Roadfrom NY Realty Partners, a Californiainvestor group. Tenants in the building include Iron ...