In an effort to assist local businesses affected by Hurricane Irene, the Galesi Group is offering short term warehouse provisions to local businesses for their temporary real estate and warehousing needs.

During this disaster recovery period, the Galesi Group has agreed to waive all minimum size and lease term requirements. Available warehouse and office space is located in Albany and Schenectady Counties.

In addition Galesi’s third-party logistics company, Distribution Unlimited, will provide public warehousing to affected businesses in order to minimize supply chain disruptions.

Please call the Galesi Group’s Real Estate division at 518-356-4445 for immediate assistance with these services.

Introducing the Galesi Group’s Featured Property of the Month
Building 2 in the Northeastern Industrial Park, Guilderland (Albany County), New York

Currently a food-grade Freezer Distribution Facility, Building 2 offers up to 100,800 square feet of freezer/cooler space with an adjacent 43,200 sf bay of dry, non-temperature controlled space. Building 2 is sub dividable in increments of 50,400 sf and includes amenities such as:

• 24 – 10’ x 10’ Refrigerated Loading Docks (12 rail loading, 12 truck loading),
• Modern Refrigeration Equipment with Computer Efficiency Controls
• Temperatures Range from -10°F to 45°F
• Up to 6,000 Pallet Positions with Racking Included
• Drive-In Capability
• Available Paved Acreage for Outside Storage

To read more about this real estate leasing opportunity, click here.

Introducing the Galesi Group’s Featured Property of the Month,

Building 1 in the Northeastern Industrial Park, Guilderland (Albany County), New York

Located within a full-service, secure industrial facility, Building 1 offers 95,400 sf of warehouse and 5,000 sf of office. Formerly a lumber distribution facility, Building 1 is subdividable in increments of 12,000 sf and features amenities such as rail siding, ample power, drive-in capability, available paved acreage for outside storage and more.

To read more about this real estate leasing opportunity, click here.

The Capital Region’s largest commercial and residential developers partner together for the recently announced development, Market Center at Railroad Place.

The Galesi Group, in a joint venture with Bonacio Construction, will develop a 196,000 square foot, mixed-use complex located on Railroad Place in downtown Saratoga Springs. This six-story urban complex will feature a new Price Chopper and a dry cleaner with additional retail leasing opportunities on the first level. The top five stories will contain 124 residential apartments available as 1, 2, or 3 bedroom units. Market Center at Railroad Place will be the first apartment style living developed in downtown Saratoga Springs in over 10 years.

Over the past 40 years, the Galesi Group has tackled complex residential projects including the development and sale of condominium units at Equinox on the Battenkill and at the Equinox Resort in Manchester, Vermont and the Top of the World in Lake George, NY. Currently, we are a partner in over 11,650 multi-family units located in Colorado, Florida, Georgia, North Carolina, Indiana, Tennessee, and Texas.

We are excited to announce that we are making progress at the redevelopment project at the former American Locomotive Co. (ALCO) site.

In mid-November, the Galesi Group commenced demolition of the deteriorating industrial buildings and warehouses and have since removed two additional buildings from the site. We anticipate that the demolition will be compete by mid Spring, however this is just our first hurdle in this complex project. Our next step is Phase II, which will require an extensive environmental clean up and removal of contaminated soil and groundwater.

Fortunately the Galesi Group has had years of experience in redeveloping brownfield sites.

Since 1985, the Galesi Group has been actively developing brownfield projects including former military facilities as well as inner city sites. Most recently, we were acknowledged for the environmental clean up of nine acres of land at the former Big N site. Over 10,000 tons of dirt and more than 400,000 gallons of contaminated water were processed in order to begin redeveloping at this brownfield site. The once contaminated manufacturing site resulted in the construction of the $30 million Golub Headquarters and the largest private-sector structure in the Capital Region to receive gold verification under the Leadership in Energy and Environmental Design Green Building Rating System.

Similar to the polluted industrial site at the former Big N, the ALCO site was an abandoned industrial property with environmental contamination that has remained onsite since World War II, when thousands of steam and diesel locomotives were being manufactured.

The overall goal of the ALCO redevelopment project is to turn the site’s contaminated land into a regional economic development project that will complement the City of Schenectady recent developments.

During this initial development design, we are reaching out to the area business leaders to seek their input on the types of amenities will help attract and retain their business and their employees in the City of Schenectady. This information will be vital in determining the direction of this project along the one-mile stretch of riverfront.

Over the past 6 months the Galesi Group has promoted the National Grid lighting program to our industrial tenants which has resulted in new, energy efficient lighting in over 600,000 sf. While the investment has been significant the savings both in terms of discounts for new lighting and energy usage is even more significant. It is estimated that we are saving 525,000 kWh annually within our industrial parks. If you decide to write any follow up articles on this subject we will be glad to provide testimony about the effectiveness of the program.

Beyond the National Grid program the Galesi Group has made significant advances towards environmental sustainability by aggressively promoting the use of rail, working towards LEED certification on new and existing facilities, and by partnering with Green Earth Technologies, an American clean-tech company.
 

Last night was the official Grand Opening of Paul Mitchell’s newest school located in the heart of downtown Schenectady. Those who attended the event will agree that the glamorous ribbon cutting ceremony made the city come alive for an exciting evening downtown. 

After witnessing the revived “Electric City”, DeJoria explains, “what makes it work in Schenectady [is that] you have a community that is rebuilding itself. Most communities go through decay and disappear, this is being reborn again. What you have here is youth, you have excitement and you have a school that is the best hair cutting, hair coloring and business management school ever put together.”

Click below to see video of the newly constructed space:

The Galesi Group will be hosting a tour of

Building 50 at the Rotterdam Corporate Park 

Thursday, June 24th at 10:00am.

Formerly corporate office space, Building 50 is a stand alone building adjacent to the Rotterdam Corporate Park. This newly available space currently has approximately 59,000 square feet and is ideal for back office operations such as call centers or data centers.

For more information on the property or to download a printable brochure, please click here: Building 50

We look forward to seeing you this Thursday!

After many months in the making, the Galesi Group is proud to announce the launch of it\s new website! Our new site will provide users with the most updated information on our commercial and industrial real estate properties. Check out our Available Properties page for the newest feature, downloadable brochures.