Carnegie Companies is pleased to announce the phased sale of 5 additional residential townhome lots in Fraser, CO. This sale represents the 2nd tranche in a lot takedown agreement with our Colorado based development partner. The sale will return apx 94% of Carnegie’s original basis in the deal and leave Carnegie with 11 additional townhome [...]
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 [...]
Carnegie Companies is pleased to announce the sale of approximately 9 acres in Ripley, NY. Carnegie has owned the property and enjoyed stable cash flow for over 20 years. Carnegie was approached by a travel center / gas station operator and successfully negotiated the sale of the site for the future development of an ONVO [...]
Carnegie Companies is pleased to announce the sale of a 100% occupied Advanced Auto Parts anchored multi-tenant outparcel center in Grand Haven, MI. This sale represents our 2nd disposition in Grand Haven over the past few months and includes one of the three buildings that makes up Beacon Square Shopping Center. After acquiring Beacon Square [...]
Carnegie Companies is pleased to announce the sale of Grand Haven Shopping Center, in Grand Haven, MI. Carnegie has owned this strip center since 2019. The property was acquired in a portfolio with the neighboring Beacon Square Shopping Center via a portfolio acquisition. Carnegie assumed the existing CMBS mortgage and has improved the property with [...]
