Case Study

Deal Type: Sale Deal Size: 85,000 sf for $3,300,000 or $39 p/sf  Deal Summary: Culberson was engaged by long time ownership after the potential conversation of a sale arose. Ultimately the building owner sold his business, negotiated a sale/ lease back, and Tyler successfully negotiated a PSA with a regional developer expanding their industrial portfolio. …

Deal Type: Sale Deal Size: 75,000 sf at $5,500,000 or $73 p/sf  Client: PVA  Deal Summary: As the industrial market tightens throughout the Capital Region many industrial users have been forced to consider adaptive reuses. This facility was originally constructed as an indoor soccer facility. It was uniquely positioned in the market with 42 ft…

Deal Type: Industrial Portfolio Deal Size: 2 deals totaling over 36,000 sf, lease valued at over $1,800,000  Client: Abele Builders, Inc. – Commercial Division  Tenant: PVA and LS Power  Deal Summary: In 2020, Abele Builders, were notified that their 15+ year tenant was vacating both building totaling approx 36,000 sf. Tony and Tyler were engaged…

Deal Type: Lease Deal Size: Two deals completed in 2021 totaling over $3,500,000 aggregate lease value Landlord: Logistics One Tenant: PODS, Atlast Foods Deal Summary: Northeast regional third party logistics operator was assisted in leasing a portion of the personal real estate portfolio. In under 9 months over 100,000 square feet of space was leased,…

Transaction: Multi-Property Sale Deal Size: 3 separate sales totaling $7,150,000  Client: Albany Park Ride N Fly  Description: After over 30 years in business and changing business trends, the ownership engaged in the sale of 3 sites in one of the regions most desirable industrial and commercial corridors. Each site had unique attributes and were sold…

Deal Type: Sale and Lease Deal Size:  $1,700,000 Deal Summary: Culberson sold a Northeast Regional investor this asset in 2018. At the time the asset had two leased rolling in approximately 3 year from lease execution with DHL and Cintas. The initial goal with this asset was to make it a single tenant building with…

Transaction: Lease  Deal Size: $100,000,000  Client: Scannell Properties  Tenant: Amazon   Description: In representation of Scannell Properties, a 116 acre vacant land site was identified along a growing industrial corridor with excellent highway accessibility. NAI Platform assisted in navigating the municipal approval process for the building in excess of 1M sq. ft. Construction commenced in June…

Transaction: Lease Deal Size: $19,500,000 Client: Scannell Properties Description: After completing an extensive Northeast site search, Mobis Parts America identified three final candidates in Massachusetts and Connecticut. In working with Scannell Properties, Tyler and Dan Slote represented two of the final three sites. South Windsor, CT was identified as the preferential site because of the…

Transaction: Sale Deal Size: $8,300,000 Client: James Hardie Description: After a multi-year site search with various complex site components including dual rail access, raw materials sourcing, and various others, James Hardie selected Westfield, MA as the ideal market for their finishing line and distribution to the greater Northeast market. Download PDF

Transaction: Lease Deal Size: $10,500,000 Client: DuraVent Description: After Tyler made contact with Duravent, through his exhaustive cold calling routine, a need was identified by the client to expand their manufacturing and distribution footprint to 150,000 square feet within the Capital District. A complete comparative analysis was done comparing existing building options with new construction.…