Prime Group acquires office building in Saratoga Springs, N.Y.
Prime Group Holdings announced it has acquired 395 Broadway, a two-story, 25,000-square- foot office building in downtown Saratoga Springs, N.Y. The purchase was coordinated by Robert and Lisa Moser on behalf of Prime Group. Robert Moser is Prime Group’s founder, principal and chief executive officer.
Located on the corner of Broadway and Division Street, the property is the former headquarters of Fingerpaint Marketing and was developed originally as a Borders bookstore. Prime Group intends to renovate the building’s exterior and update the internal layout of the space to maximize functionality.
“Prime Group is proud to be a longstanding member of the Saratoga Springs community, and we look forward to expanding our operations in Downtown Saratoga as our business continues to grow following the close of our third flagship self-storage fund,” said Robert Moser. “We are excited to develop state-of-the-art and energy-efficient offices to best support our talented