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Amazon seeks to turn Latham-area factory into warehouse


Amazon seeks to turn Latham-area factory into warehouse | The Daily Gazette
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COLONIE Amazon is proposing to turn a factory in northern Colonie into a warehouse that would be its fourth distribution center in the greater Capital Region.
The plan is still in its early stages, and will be heard by the town Planning Board at its March 23 meeting.
It calls for the Precision Valve & Automation plant on Mustang Drive to become a warehouse and distribution facility for the online retail giant after PVA relocates to its new production facility in the former Sportsplex of Halfmoon.
An Amazon spokeswoman said Monday the company is always considering new locations but its policy is to not discuss those considerations. ....

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Real estate agents prep for pent up demand to be unleashed mid-year


Real estate agents prep for pent up demand to be unleashed mid-year
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Spencer Levy, chairman of Americas Research and senior economic advisor at CBRE.Katy Kelly/Provided
The industrial and capital real estate sectors are strong in the Capital Region, with office and retail space poised to make a rebound midyear, said local members of the commercial real estate firm CBRE Wednesday morning in a video conference with about 200 attendees.
The annual Capital Region MarketView, hosted by CBRE-Albany, was led by Baltimore-based Spencer Levy, chairman of Americas Research and senior economic advisor at CBRE. Post-pandemic recovery, Levy said, will be led by consumer demand. ....

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Capital Region received $2 billion in federal business relief


Capital Region received $2 billion in federal business relief
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1of5Buy PhotoRuth Mahoney, Capital Region Market President, Key Bank, speaks as KeyBank, CEG, HVCC and SCCC announce the funding of two manufacturing training programs facilitated by both community colleges during a press conference held at Precision Valve & Automation on Wednesday, June 6, 2018 in Cohoes, N.Y. (Lori Van Buren/Times Union)Lori Van BurenShow MoreShow Less
2of5Buy PhotoA ribbon-cutting ceremony hosted by the Capital Region Chamber unveils the newly renovated downtown Albanych M&T Bank branch on Tuesday, June 25, 2019, in Albany, N.Y. (Catherine Rafferty/Times Union)Catherine RaffertyShow MoreShow Less ....

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