NAI PLATFORM ARRANGES 138,450-SQUARE-FOOT INDUSTRIAL SALE

by admin

COLONIE, N.Y. — Albany, N.Y.-based NAI Platform has arranged the $3.75 million sale of a 138,450-square-foot industrial facility located in Colonie. The facility is situated on 9.76 acres at 10 Jupiter Lane. The seller, Empire Merchants North, is leasing the building back for the short term while it waits for its new 200,000-square-foot facility in Coxsackie, N.Y., to be completed. Daniel O'Brien and Robert Murphy of NAI Platform arranged the sale. The buyer's name was not disclosed. NAI Platform and Nick DeMase & Associates are jointly listing the property for lease.

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