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CB Richard Ellis completes Syracuse-area transactions

SYRACUSE - CB Richard Ellis of Syracuse has completed a number of commercial real-estate transactions over the last few months. The most recent was the sale of Circle Road Plaza in Cicero, a 172,000square-foot, retail-shopping center anchored by P&C, Fleet Bank, and Chase Bank. A Florida-based

institution sold it to Litho Graphics Trading Company, Inc. for $3 million. Ellis Managing Partner Michael Finn would not release the name of the seller in the deal, which closed in April. Ellis will lease the vacant space in the plaza and Longley Jones Management Corp. will remain the property's managing agent.

Finn and broker Alan Gramet sold Fleet Bank's former 2,268-squarefoot Auburn branch, located at 342 W. Genesee St., to the Bank of Geneva for $364,000. The two men also sold the 3,500-square-foot former Fleet Bank in Brewerton, located at 9556 Main St. (Route 11), to Oswego County National Bank for $1.7 million in April.

Also in April, Ellis broker Don French represented J. Fergus, Inc, who purchased 1.44 acres located on Route 13 in Cortland. David Yaman Real Estate Services represented the seller, SCWP, LLC. J. Fergus, Inc. will construct a 7,000-square-foot Advance Auto Parts store on the site.

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