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Looking for Office Space in the Capital Region? Don’t Forget These 5 Crucial Steps
When embarking on the journey of purchasing or leasing office space in the capital region, there are several critical factors requiring careful consideration. This decision carries significant implications for your business’s operations, growth potential, and financial health. In the aftermath…
What Exactly is a Flex Property?
Play Video Understanding Flex Properties Chad Griffiths, MBA, SIOR, one of our colleagues over at NAI Commercial Real Estate Inc., put together this fantastic video on understanding industrial flex properties. Flex space can generally be defined as any building or…
Michael McGovern Helps Seal the Deal on Mid-City Plaza in Menands
Check out the Business Review Article on Mikes Deal Read It Now! NAI Platform’s Michael McGovern represented Hampshire Properties, LLC in the sale of 90-100 Broadway in Menands to Y Gazali Corp for $3.1 million while also signing an agreement…
Commercial Land for Sale in Colonie NY
Colonie Commercial Land for Sale 2028-2030 Central Ave., Albany, NY, located in the Town of Colonie, has been listed for sale. The 2 lots combine for just shy of a ½ acre of highly visible land with 240′ of frontage…
Guiding Commercial Real Estate Decisions with Cap Rate
A popular metric to determine the value of a commercial real estate deal is the capitalization rate. Also known as the cap rate, this metric is useful in determining how much an investor may want to pay for a property…
‘Connect with Careers’ with Tyler Culberson, SIOR
Listen in as Kate Manley from Rensselaer County Chamber interviews Tyler Culberson, SIOR from NAI Platform. Tyler discusses his experience in the Commercial Real Estate Industry, how he got started, and where it has led him thus far. “Connect with…
Smiles Grow in Schodack, New York
Congratulations and good luck to Dr. Jason Decker and the team at “Where Smiles Grow” on their new offices at 81 Miller Road in Schodack, New York, aka “The Village at Miller Road”. The owners of the building worked closely…
Tyler Culberson, Associate Broker at NAI Platform, Named to 40 Under 40
Albany, New York: On March 8th, 2021, the Albany Business Review (ABR) named Tyler Culberson to the region’s 40 Under 40 list. Culberson, an associate broker at NAI Platform specializing in industrial and warehousing properties, has been a top producer…
A Master of His Craft…Tyler Culberson Tells His Story
Amazon’s warehouse facility in Schodack NY – Imagery by Glenn Wheeler Tyler Culberson, one of the Capital Region’s top commercial realtors and market experts in the industrial sector, was featured in a recent article at the Albany Business Review. NAI…
Pandemic Has Changed The Property Game… Jay Speaks with News 10
It’s important to stay optimistic yet realistic… I had the opportunity to talk with Mikhaela Singleton over at News 10 yesterday and we discussed some of the intricacies of navigating commercial real estate in the Albany area during COVID-19. Here…
Congressman Tonko takes a tour of Riverview Center
JANUARY 2020 The management team at Riverview Center was pleased to welcome Congressman Paul Tonko to Riverview Center a few weeks ago. Having shopped there with his parents back when Riverview was a Montgomery Ward’s department store, Mr. Tonko was…
ETPA Ramifications on CRE Investors
The Albany Times Union has reported local governments in Hudson, Newburgh and New Paltz backing a statewide “Good Cause” eviction bill and an upstate NY expansion of the Emergency Tenant Protection Act of 1974 (ETPA). This will have major ramifications…
How to Market a Commercial Property with a Challenging Location
When I get a new listing to sell a commercial property with a challenging location, the first thing I do is try to discover and focus on the aspects that are unique or offer a potential competitive advantage for a…
Staying in Your Lane…and Why it Matters
It is very likely you have heard the expression “Stay in Your Lane.” Obviously, it is applicable to driving, but it also has significant meaning in commercial real estate (CRE). The internet and social media have increased the amount of…
Spring Value: Added Service to Clients
As brokers, we are always looking to add value for our clients and extend the services we provide. With this in mind, I add a Spring 1st Look visit to my rounds when I am out on appointments. Commercial real…
Creating Value by Understanding & Experience
It’s no secret that commercial real estate deals can be very complex. As such, it is vital that you choose a broker that not only has a good understanding of the market, but is also experienced in the area of…
Purchasing a Multi-Unit Commercial Property
An enormous amount of variables impact the decision to purchase and operate multi-family property. Understanding the market, the costof renovation and the amount of rent that might be charged is critical. Whathistoric and other tax credits that might be available…