SOURCE: Binswanger

Binswanger

August 23, 2012 11:34 ET

Binswanger Brokers Sale of Major Industrial Building in Brockport, New York

NEW HAVEN, CT--(Marketwire - Aug 23, 2012) -  On behalf of PetSmart, Inc., Binswanger is pleased to announce the sale of a 328,000 sq. ft. industrial building on approximately 32 acres. The property is located at 1989 Transit Way in Brockport, New York.

The buyer, Silagi Development & Management, Inc., has been acquiring, building, and managing commercial real estate properties throughout the United States for more than 25 years. Silagi purchased the property as an investment and has employed Binswanger as the exclusive agent to represent them with the sale or lease of 280,000 sq. ft. of high-bay distribution space and 48,000 sq. ft. of modern office space.

Built in 1989 and expanded in 1999, the modern warehouse and office facility is in excellent condition, but will be further improved in the coming weeks by Silagi to enhance the marketability of this outstanding property. Key features of the warehouse section of the building include 6" concrete floors; insulated metal panel walls; steel columns spaced 40' x 40', ceiling heights of 26' clear in the warehouse; ESFR sprinkler system; all major utilities; twenty-four (24) 8' x 9' dock-high doors with levelers and pads; two (2) 9' x 9'; and two (2) 12' x 12' drive-in doors, etc.

The 48,000 square foot front office section of the building was formerly used as a call center and features proper wiring for continued call-center use, combination of open-plan areas and private offices, a full-service cafeteria, two (2) back-up generators to ensure continued power during emergency situations and over 400 parking spaces with room for additional parking lot expansion. 

The property is conveniently located west of Rochester, New York, immediately off Route 31 and approximately five minutes from Route 531 and approximately fifteen minutes from I-490/I-390.

The transaction was handled by Jim Panczykowski, Senior Vice President in Binswanger's New Haven, CT office and, moving forward, Mr. Panczykowski will be the broker of contact for any leasing/sale interest. Mr. Panczykowski can be contacted via phone at 716-866-2902 or via email at: jpanczykowski@binswanger.com.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia. 

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