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CBRE|Syracuse Facilitates Sale of Retail Property for Redevelopment in Fayetteville, New York

6901-E-Genesee-St-Fayetteville-NY

The buyer plans to demolish one building and renovate the remaining building, at 6901 E. Genesee St. in Fayetteville, N.Y., for use as a Verizon Wireless distributor location.

FAYETTEVILLE, N.Y. — CBRE|Syracuse has arranged the sale of a retail property located at 6901 E. Genesee St. in Fayetteville. A Miami-based private buyer acquired the two-building asset, which totals 7,285 square feet, from Lyndon Corners Plaza. The buyer plans to raze one building and renovate the remaining 3,000-square-foot building for use as a Verizon Wireless distributor location. Ed Kiesa and Marty Dowd of CBRE|Syracuse represented the seller, while Michael Hotarek of Eastern Retail Properties represented the buyer in the transaction.

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