News

Syracuse, NY: Laurenzo and Scuderi of Cushman & Wakefield | Pyramid Brokerage Company Sell 90,000 ± SF Investment Property


Date Posted: January 17, 2019

The 90,000 ± SF industrial net-leased investment property located at 222 Teall Avenue, Syracuse, NY was recently sold. Hampshire Properties sold the property to Gerharz Family LP for $1,650,000 in November 2018. The buyer will occupy 60,000 ± SF for Gerharz Equipment and the remaining 30,000 ± SF will be leased. James Laurenzo and Stephen Scuderi of Cushman & Wakefield | Pyramid Brokerage Company exclusively represented the marketing of the property for lease for the former owner Hampshire Properties and facilitated multiple leases to various tenants for over13 ± years. The position and visibility of the property, along with the unique tenant mixture have made the property a desired location for office, service and warehouse users in the Syracuse area for decades. With the sale of the property, Cushman & Wakefield | Pyramid Brokerage Company is proud to announce it has awarded James Laurenzo and Stephen Scuderi the Deal of the Year for 2018 for the sale of 222 Teall Avenue for the significance of the sale this property having generated over 82 lease deals and 2 sale transactions for Cushman & Wakefield | Pyramid Brokerage Company.

‹ Back to News