$25M for Upstate Office

Investor Zamir Equities completed the $25.25 million purchase of One Lincoln Center, a 305,594-square-foot Class-A office tower in Syracuse, NY.

The 17-story property is 86% leased to a diverse roster of tenants, including JP Morgan Chase.

One Lincoln Center is located in the center of downtown Syracuse at 110 W. Fayette St., close to Armory Square, hotels, shopping and museums. It’s also close to the intersection of Interstates 81 and 690.

HFF represented the seller in the transaction, the real estate investment trust Equity Commonwealth, and procured the buyer.

For comments, questions or concerns, please contact Bendix Anderson