121 Victor Heights Pkwy, Victor, NY 14564

Investment Highlights: * Fantastic investment offering located in one of Rochester, NY’s most vibrant office/flex markets. * Tremendous value-add opportunity in a fast growing development area. * Investment anchored by long standing existing tenant, New Scale Technologies. * Flex market occupancy is stabilized with a vacancy factor of less than 10%. Investment Overview: Rochester’s flex market closed out another strong year in 2016 continuing to show consistent positive net absorption and ending the year with a vacancy rate of 9.3%. Increased deliveries in 2016 resulted in a marginal increase in vacancy rate. Continued demand for Flex style buildings has developers looking to infill locations, while construction at existing parks also remains brisk. Specific to the Victor market, several flex-style buildings and developments have been constructed over the last 10 years, including Omnitech Business Park and Lehigh Crossings. Victor Heights Parkway continues to be well positioned to compete for tenants looking for space in this submarket at competitive market rental rates.  « show less

Investment Highlights: * Fantastic investment offering located in one of Rochester, NY’s most vibrant office/flex markets. * Tremendous value-add...  show more »