Helio Health buys Syracuse building for $3.25 million for new HQ

Helio Health says it has bought the building at 518 James St. for $3.25 million. Helio Health already had some offices and a financial-management unit operating inside the structure. The organization plans to use the building for its new headquarters. (Photo credit: zoeyadvertising.com)

SYRACUSE, N.Y. — Helio Health announced it has purchased the building at 518 James St. in Syracuse for $3.25 million and it intends to use it for its new headquarters.

The structure is already home to Helio’s residential and housing-staff offices along with the organization’s financial-management unit.

Helio Health currently operates its headquarters at 555 E. Genesee St. in Syracuse. The nonprofit plans to move its headquarters into the newly acquired building this summer, Lauren Klemanski, chief marketing officer at Helio Health, tells CNYBJ in an email.

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Crews will renovate the building “in phases” as the agency secures additional funding to remake the building into a “modern hub for collaboration and innovation.”

NBT Bank (NASDAQ: NBTB) provided the financing for the building purchase, Helio Health noted.

“Helio Health intends to invest to convert this building into a modern hub for behavioral health and housing services staff innovation and collaboration,” Jeremy Klemanski, president and CEO of Helio Health, said.

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Formerly known as Syracuse Behavioral Healthcare, Helio Health says on its website that it’s dedicated to transforming the lives of those struggling with substance abuse and mental-health disorders.

 

Eric Reinhardt: