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Retail center gets new owner

SYRACUSE — The Sutton Cos., a Syracuse–based real estate firm, brokered the sale of the 71,000-square-foot Gouverneur Center at 471 E. Main St. in Gouverneur.

The retail center, located on about 7.5 acres, is on the main highway running through the North Country region of upstate New York. Larry Socia, retail director with Sutton, represented the purchaser, Consolidated Properties, LLC, and Dominic Pavia, president of Pavia Real Estate Services, represented the seller, Gouverneur Center Development, LLC.

Financial details of the sale were not disclosed.

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The center currently is home to Tractor Supply Co., Peebles, and Family Dollar locations. A Monro Muffler is on a freestanding outparcel, according to Sutton.

Kinney Drugs uses rear space in the center as a warehouse for their corporate headquarters, which is located across the street. The new owners plan to improve the property with exterior building and grounds renovations and may look to expand the center in the future, according to Sutton.

Contact Tampone at ktampone@cnybj.com

 

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