Arnold Peck's Commercial World, brokered the $1.4 million sale of a recently closed Hollywood Video located on Queen St. The buyer, 1447 Chapel LLC, purchased the property located at the signalized intersection on a pad site, in front of Price Chopper Supermarket and a 70,000 s/f shopping center. The new owner with a unique marketing campaign will attract national tenants to add to the strategic location on Queen St.Tags:
The seller was represented by Carl Berman of NAI Elite. Robert Cole and Arnold Peck were instrumental in writing a new 10-year lease with Wendy's. Cole and Peck also restructured Cardio Express Gym's lease and assisted to modernize and renovate their facilities. The landlord contributed to the renovations.