Carnegie Companies is proud to announce the acquisition of Erie Canal Commons in Rochester, NY. This multi-tenant retail property is the definition of a “daily needs center,” with restaurants, salons, financial services, exercise, and nutrition and alcohol retailers all housed together, and adjacent to residential neighborhoods, an office/lab park, and a large hospital system. The property has been well-maintained by a long-term local ownership group and is fully stabilized with long-term tenants in a submarket with limited retail competition. With great access and visibility on a hard-corner, the property services the community perfectly and should continue to thrive as a long-term investment for Carnegie.