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Region Commercial is pleased to announce the successful sale of 16 Commercial Ave in Albany, NY for $4,000,000. The property was acquired by Rametra Real Estate Group. Region represented the seller in the transaction alongside Savills’ Boston office.
“We’re very pleased to see the building go to a local real estate group growing their portfolio, and successfully transition the property for our client,” said Mitch Bolotin of Region Commercial. “We worked closely with Steve Woodworth of Savills to make it happen.”
Located in the heart of Albany’s Warehouse and Distribution District, the 75,220 square foot property offers excellent access to major highways, including I-90, I-787, and I-87, providing strong regional and interstate connectivity. The site is less than five miles from Downtown Albany and approximately ten miles from the Port of Albany, a key logistics hub for the Capital region.
About Region Commercial
Region Commercial serves commercial real estate owners and tenants across Massachusetts, with a focus on office, industrial, and retail properties, as well as representation of both local and national tenants. Headquartered in West Springfield, MA, the firm is led by Ben and Mitch, a father-son team combining deep market experience with a forward-thinking, technology-driven approach. Together, they deliver strategic guidance and hands-on execution tailored to the needs of today’s commercial real estate clients.
