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Andalex Group Sells Downtown Albany Office Bldg.

Eastern Consolidated Brokers $9.75M Deal for 178,500 SF of Space
By Lilia LaGesse
February 21, 2007 | 7:14 P.M.

The Andalex Group sold the office building on State Street in Albany for $9.75 million, or approximately $54.50 per rentable square foot. Additional costs were incurred according to the seller because the property was subject to current financing and $9.75 million simply reflects the amount of the note. An undisclosed Queens investor, operating under the shell name 90 State LLC, was the recorded buyer.

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News | Andalex Group Sells Downtown Albany Office Bldg.