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News Release: Jacobson Properties and Crisafulli Associates sell Albany Med at Niskayuna in New York State’s Capital Region

Jacobson Properties And Crisafulli Associates  Announce The Sale Of Albany Med At Niskayuna Medical Office Building In Niskayuna, (Capital Region), New York

Niskayuna, New York (October 17, 2018) – Lisa Menin of Jacobson Properties, New York, New York and Michael Crisafulli of Crisafulli Associates, Loudonville, New York are pleased to announce the sale of Albany Med at Niskayuna, a 37,821 square foot medical office building located in Niskayuna, Schenectady County, New York.

The building is fully leased by Albany Medical College, northeastern New York’s only academic health services center and one of the largest private employers in the Capital Region. Albany Med at Niskayuna houses Albany Med EmUrgentCare, Albany Med’s Gastroenterology and Community Services medical group, laboratory services and a state of the art ambulatory surgical center. The medical office building was sold to a privately held healthcare real estate investment firm for an undisclosed price. Lisa Menin and Michael Crisafulli served as the exclusive advisors to the seller in the transaction.

About Jacobson Properties:

Lisa Menin of Jacobson Properties specializes in the sale of healthcare real estate nationwide. A former Wall Street attorney, Lisa exclusively represents hospitals, developers and investors in the sale of their institutional grade medical assets. She is also frequently engaged to represent buyers in nationwide property searches. Lisa has a 32 year track record of completing complex and challenging deals and has personally closed transactions totaling in excess of $550 million over the past few years. Lisa can be reached at LMenin@jacobsonproperties.net or via telephone at (212) 580-3136.

About Crisafulli Associates:

Crisafulli Associates is a full service real estate development, property management and brokerage firm based in Loudonville, NY. Crisafulli Associates has developed office, medical office, industrial and luxury multifamily properties in New York’s Capital Region. In recent years, Michael Crisafulli has personally

been involved in brokering the sale of several buildings for outside clients including 677 Broadway in Albany, 1444 Western Avenue in Guilderland and 635 New Loudon Road in Latham. Michael can be reached at mjc@crisafulliassociates.com or via telephone at (518) 694-9190 x 102.

Lisa Menin
Jacobson Properties
150 Columbus Avenue, Suite 8A
New York, New York 10023
212 580 3136 (Office)
917 449 3039 (Cell)
212 580 9592 (Fax)

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