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Eliminating Inefficiencies: Upgrading Outdated Workspaces

In today’s fast-paced business world, the physical workspace is critical for efficiency, productivity, and employee satisfaction. Despite technological and design advancements, many organizations are hindered by outdated facilities that affect their growth and employee retention. Upgrading these spaces is essential…

Top 10 Best Applications for LEDs in Commercial Real Estate

White square LED down lights are installed in an office interior showcasing the modern design and lighting, featuring suspended white square tiles on high ceilings. Generative AI.
In the realm of commercial real estate, the drive towards sustainability and operational efficiency is ever-present. Among the numerous advancements propelling this shift, LED (Light Emitting Diode) lighting stands out as a pivotal innovation. LEDs offer unparalleled benefits, from significant…

Brightening Tomorrow: Why Switching to LED Bulbs Is the Illuminating Choice

High-tech industrial robots efficiently organize boxes on pallets in a sleek, modern warehouse under bright, cool white LED lighting.
In the pursuit of sustainable living and energy efficiency, one impactful change stands out for commercial real estate: transitioning from traditional incandescent bulbs to modern LED (Light Emitting Diode) bulbs. This shift isn’t just about embracing the latest technology; it’s…

Negotiating an Office Lease? Don’t Miss These 5 Opportunities

Business people discuss contract sitting around office table, top view
When entering negotiations for leasing office space, there are key elements that are typically open for discussion. Depending on your situation, you may be able to negotiate terms that are beneficial to your vision and goals. Below are five critical…

Need Office Space in the Capital Region? Don’t Forget These 5 Crucial Steps

400 Patroon Creek Blvd
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?

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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

90 State with Dollar Tree Fixed
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

Aerial image showing 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

Cap rate equals net operating income divided by property value.
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

TC Circle
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

81 Miller road-2
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

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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…

Pandemic Has Changed The Property Game… Jay Speaks with News 10

Hands of little child holding globe sphere, planet map covered with medical protective mask isolated on black background. Concept of COVID-19 pandemic infection
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

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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

Demonstrating that NYS can come up with a law that is good for both the value of the property and tenants.
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

NAI Platform ETPA Ramifications CRE 2400px
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

Stay in Your Lane 3
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

Create Value
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

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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

Kenmore And Block Main
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…