SYRACUSE — Bankers Healthcare Group (BHG) paid $3 million to buy about six acres near Syracuse’s Inner Harbor, where it will construct its new $35 million financial headquarters. Bart Feinberg of Sutton Real Estate Company brokered the sale, according to a Sutton news release. Spencer Street LLC will construct and furnish a five-story, 100,000-square-foot facility […]
SYRACUSE — Bankers Healthcare Group (BHG) paid $3 million to buy about six acres near Syracuse’s Inner Harbor, where it will construct its new $35 million financial headquarters.
Bart Feinberg of Sutton Real Estate Company brokered the sale, according to a Sutton news release.
Spencer Street LLC will construct and furnish a five-story, 100,000-square-foot facility at 300-324 Spencer St. in Syracuse to house Bankers Healthcare Group and its Capital Collection Management unit (see story in Oct. 21 CNYBJ).
The project will include the demolition and remediation of the existing property, and the construction and full equipping and furnishing of the new facility. The combined initiative will result in the creation of 330 new jobs.
BHG expects construction crews from Salina–based Parsons-McKenna Construction Co. Inc. to complete the project by fall of 2021.
BHG — which is headquartered in Davie, Florida — currently has its financial headquarters at 201 Solar St. in Syracuse’s Franklin Square area. The company will relocate and consolidate several of its local operations into the upcoming facility.
Founded in 2001, Bankers Healthcare Group provides loans and financing to health-care practitioners and other licensed professionals.
