C&W, Pyramid Brokerage Team Up to Lease High-Tech Facility
- Mar 27, 2013
Cushman & Wakefield has teamed with Pyramid Brokerage Company of Rochester, Inc., to market 2600 Manitou Road, an 800,000-square-foot high-tech office, lab, and manufacturing facility in Gates, N.Y.
The property provides a strong corporate identity for a single user, but also lays out well for multiple tenancies.
“It’s a complete corporate facility on a campus-like setting in terrific condition,” David Farrington, Pyramid Brokerage Co.’s director of industrial division in Rochester, told Commercial Property Executive. “It’s adaptable for multiple uses but it’s basically designed for a complete corporate use where you have a research facility, manufacturing facility and corporate quality-type office space.”
The facility is situated on a 100-acre campus in suburb of Rochester, nearby major highways including the New York State Thruway (I-90) and Interstate expressways I-390, I-490 and I-590.
“It’s in an area with literally five, six trillion square feet of industrial office-type space, single-tenant buildings in the area as well which are relatively new, and most of this area is new,” Farrington said. “Along with that are a lot of amenities. Plus, there are multiple places to eat just a few miles away.”
Over the years, the area has been home to international businesses such as Kodak, Bausch & Lomb, Xerox, Paychex, Harris RF, Wegmans and Pictometry, as well as many noteworthy educational institutions such as the University of Rochester and the Rochester Institute of Technology.
Before coming up for lease, the building was utilized as a research and manufacturing facility and contains a mix of high-end corporate and traditional office space, wet and dry lab areas and pristine manufacturing space.
According to Farrington, right now in the upstate New York market there is really not a lot of opportunity for anyone with large square footage needs, so this is the perfect corporate facility space for those seeking a unique property size.
Still, while it was designed for a single user to fill all its needs, it can be adaptable for multiple tenants if interest is there.
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