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Binswanger/CBB Named Exclusive Agent for Rochester Tech Park

GATES, NY-Cohen Asset Management reports it has named Binswanger/CBB as exclusive leasing and sales agent for four million sf of space inside its Rochester Technology Park, which formerly housed 20,000 workers of Eastman Kodak.

By John Jordan | Updated on November 06, 2001

GATES, NY-Binswanger/CBB has been named exclusive leasing and sales agent for more than four million sf of space inside the Rochester Technology Park, which formerly housed more than 20,000 manufacturing and light assembly workers at Eastman Kodak’s Elmgrove campus.

Cohen Asset Management, a Beverly Hill, CA.-based real estate investment firm, reports the property is slated to receive a host of tax benefits and business incentives when the state finalizes plans to approve Monroe County’s application as a State Empire Zone. Officials with Rochester Technology Park indicate that once the application has been approved by the state, the Rochester Technology Park will be the first site to be designated for Empire Zone status within Monroe County.

The complex totals 350 acres and 10 buildings totaling more than four million sf of mixed use space. The company acquired the 450 acre property from Eastman Kodak in June 2000 for $30 million. Since then, Eastman Kodak has vacated most of its space at the complex, located on Elmgrove Road in Gates, approximately six miles west of downtown Rochester.

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