Sutton Real Estate completes three sales, leases 23,100 s/f in four deals
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Midtown Plaza redevelopment moving forward
“Sutton Companies President Louis Fournier III said approval from the planning board would be “a good milestone to meet,” and noted the architectural and engineering drawings are now being finalized. If all goes as planned, Fournier said the company expects to start construction sometime in October.”
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Sutton Real Estate Co. brokers three leases totaling 24,678 s/f
Joseph Lewis, SIOR, and Kristen Nave Fehlman represented Camillus Mills LLC for the lease of 7,452 s/f of custom designed office space for the corporate headquarter relocation of Hearth Management. Lewis and Dick Robb of Sutton represented Franklin Properties LLC for the lease of 3,726 s/f of office space in The Foundry, 432 N. Franklin St. Lewis and Robb represented Franklin Properties for the lease of 13,500 s/f of office space in the Lofts at Franklin Sq. to Bankers Healthcare Group.
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Fournier brokers $9.5 million sale of Medical Center West; $475,000 sale by Feinberg; $250,000 sale by Thomasmeyer; 1,650 s/f lease by Nave Fehlman
Louis Fournier, president of Sutton acted as the exclusive broker in the sale of Medical Center West, an 82,000 s/f medical center. The sale price was $9.5 million. Bart Feinberg brokered the sale of Syracuse Pool & Patio, a 6,400 s/f retail building located at 353 Grant Ave. in Auburn. The sale price was $475,000 John Thomasmeyer represented the buyer, Pawn King Corp., in the purchase of the former McDonalds. The 6,000 s/f retail building located at 5849 East Circle Dr. in Cicero sold for $250,000. Kristen Nave Fehlman represented the landlord in the lease of a 1,650 s/f retail space to H & R Block at Centre 31, located at 6263 State Rte. 31 in Cicero.
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