REAL ESTATE Partner Insights
Houlihan Lawrence Commercial Facilitates Sale of Staples Plaza at 1849 South Road, Wappingers Falls, NY
Houlihan Lawrence Commercial, a division of Houlihan Lawrence, the leading real estate firm serving New York City’s northern suburbs, has brokered the $4.8 million sale of Staples Plaza in Wappingers Falls NY, a 24,365 sq. ft. retail facility housing Staples and Sherwin Williams.
Steven Salomone and Thomas LaPerch, of Houlihan Lawrence Commercial, represented the Seller in the transaction, Redl Real Estate, LLC. The Purchaser, Hampshire Management Company, headquartered in Yonkers, NY, was referred to Houlihan Lawrence by Martin Deitch of Aries, Deitch and Endelson in Westchester County.
This property is situated on Route 9 with frontage on both Route 9 and Route 9D (W Main Street), making it an extremely desirable, high visibility site along these two major business corridors. In addition, the plaza is home to Staples and Sherwin Williams, both on long term leases, and who have each been at this plaza for over 20 years. This is a great site for its net income in place, and also for its outstanding retail location.
The Purchaser, Hampshire Management Company, is a very experienced and active investor in the Westchester commercial real estate market area. They would now like to expand their investment footprint into Dutchess County, which they see has the potential to expose them to a myriad of new opportunities for their portfolio.
Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation.
With local expertise in the markets north of New York City, the Commercial Division has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level.
For more information, please contact Steven Salomone, ssalomone@houlihanlawrence.com or Tom LaPerch, tlaperch@houlihanlawrence.com
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The Cappelli Organization and its subsidiaries, Cappelli Development and LRC Construction, are prominent leaders in real estate development and construction in the Northeast with a 45-year track record of proven excellence. From concept to completion, we bring a unique and well-rounded perspective to every project we oversee.
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Starting from Strength: How Enduring Values Power ELM’s Next Chapter
“When you grow up around the business, you don’t see it as a brand. You see it as people you’ve known all your life.” ~ Bruce Moore, Jr.
Most family businesses are about more than profits and operations—they carry both the weight and the privilege of relationships. For Bruce Moore Jr., inheriting the unmatched work ethic of company founder Bruce Moore Sr., came with the responsibility to protect a reputation built on trust, handshakes, and deep community ties.
“My dad didn’t cut corners, and that’s why people trusted him—for decades,” said Bruce Moore, Jr., current CEO and President, whose decision to step into leadership in 2018 felt less like a transition and more like a continuation—one grounded in values and respect earned over time.
As ELM moves into its fiftieth year and beyond, growth remains anchored in what has always mattered most: the people it serves, the outdoor environments it cares for, and the role it plays as a long-term business partner. “When you build personal relationships over decades, pride in the quality and consistency of the work becomes non-negotiable—and that pride, and that sense of care, is what shows up in award winning results year after year.”
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As a full-service commercial landscaping partner, care is built into how the work is done— through disciplined operations, highly trained teams, and systems designed to deliver consistent results.
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Successul partnerships—like healthy landscapes—don’t happen by chance. They are planted with care. Nourished by trust. Sustained by shared vision.
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