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Advantage Takes 10,500 SF in Latham
Advantage, a business services company, signed a five-year lease for 10,500 square feet in Latham, NY. Completed in 1998, the single-story office building totals 26,642 square feet minutes northwest of Albany International Airport and I-87 at 920 Albany...

Saratoga Springs Retail Bldg. Trades for $4.3 Million
Bonacio Construction, Inc., a locally-based real estate firm, has sold a single-story retail building in Saratoga Springs, NY for $4.3 million, or about $142 per square foot. The free standing general retail building delivered in 1967 at 60 West Ave...

Mountain Development Seeking JV Partner for Future Development of 1.3 Million-SF Eastern Hills Mall
Mountain Development Corp. is currently seeking a joint venture partner in the future redevelopment of the 1.3 million-square-foot Eastern Hills Mall in Williamsville, NY. Situated northeast of Buffalo at 4545 Transit Rd., the super regional mall occupies...

Sphere Development Sells Office Building in Utica
Sphere Development, a Manlius, NY-based real estate development company, has sold the office building located at 233 Genesee St. in Utica, NY. The two-story office building totals 11,896 square feet. The property delivered in 1970 and contains 50 parking...

Dollar Tree Leases 11,000 SF in Webster (Correction)
Dollar Tree signed a lease for 11,348 square feet in the retail building at 1851 Empire Blvd. in Webster, NY. The single-tenant building has 80 parking spaces. Rite Aid previously occupied the space. Fred Rainaldi of Rainaldi Brothers represented...

55,600-SF Industrial Bldg. Fetches $4.1 Million in Ontario, NY
Otto LLC has sold the single-story industrial building at 6364 Dean Pky. in Ontario, NY for $4.1 million, or about $74 per square foot. The industrial building totals 55,600 square feet and has 60 parking spaces, according to CoStar information. The...

Amedore Buys 22-Acre Site in Latham for Potential 300,000-SF Mixed-Use Development
A Latham, NY site previously earmarked for a Super Walmart has been acquired by a local firm with plans to potentially develop a 300,000-square-foot mixed-use development on site. Amedore Group paid $2.9 million, or approximately $132,000 per acre...

Amazon Selects Staten Island to Open First Fulfillment Center in New York
Amazon (NASDAQ: AMZN) has announced plans for a new 855,000-square-foot fulfillment center on Staten Island, NY. The proposed high-tech facility will be the e-commerce giant's first fulfillment center in the state, and is expected to create more...

Office Lease Up (September 11) Tech Firm PTC Signs Largest Boston Office Lease of the Year in Move to Boston's Seaport District
PTC (NYSE: PTC) is headed to Boston's Seaport District after the leading global tech firm finalized a deal with Skanska to occupy 250,000 square feet at 121 Seaport Blvd. for its corporate headquarters. The computer software and services company will...

Mercer Street Partners Sponsor Buys 74-Acre in Albany
Mercer Street Partners Sponsor has acquired the former Kenwood Convent Campus at 451 Southern Blvd. in Albany, NY, where the New York City-based firm plans to construct luxury condos and an art center. Society of Sacred Heart US Province sold the vacant...

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