Pyramid Management Group Celebrates Loan Extension for Innovating Sangertown Square in Upstate New York
The extension allows Pyramid to inject new life into the property, ensuring its continued success and vibrancy in the local market.
SYRACUSE, N.Y. (FreePR.org) -- Pyramid Management Group, a leading developer of shopping centers in the Northeast, has secured a three-year extension for the loan on Sangertown Square in New Hartford, NY. This extension will enable Pyramid to reinvent the property and ensure its ongoing success in Upstate New York.
"Sangertown Square has always been a top-performing center. With Pyramid's commitment to innovation and enhancing the customer experience, we were able to secure an extension on the loan for the shopping center," said Stephen J. Congel, CEO of Pyramid Management Group. "We are excited to continue building on this success in the coming years and are dedicated to maintaining the vibrancy and prominence of Sangertown Square. We have exciting plans for the center and can't wait to bring them to life."
Located in Central New York and serving the Mohawk Valley region, Sangertown Square is the only enclosed shopping center within a 50-mile radius. With anchor stores like Boscov's, Dick's Sporting Goods, Target, and Home Goods, Sangertown Square features over 50 retail and entertainment options including popular brands like DSW, H&M, and Victoria's Secret, as well as upcoming attractions like Fun Hub Action Park.
Sangertown Square also plays a significant role in the local economy, providing employment for 1,090 individuals through Pyramid and its various tenants.
About Sangertown Square
Sangertown Square is the premier enclosed shopping center in the Mohawk Valley, strategically located in Oneida County in the heart of New York State. Anchored by Boscov's, HomeGoods, Target, and Dick's Sporting Goods, the center offers a diverse mix of retail shops and restaurants. For more information, visit www.sangertown.com.
About Pyramid Management Group, LLC
Pyramid Management Group is a leading real estate developer in the Northeast, known for its innovative and dynamic shopping, dining, and entertainment destinations. With headquarters in Syracuse, New York, Pyramid manages 9 properties across New York and Massachusetts, including Destiny USA in Syracuse, Crossgates in Albany, and Walden Galleria in Buffalo. With a focus on combining traditional retail with world-class dining and entertainment, Pyramid has built a reputation for being ahead of the curve in the industry. For more information, visit www.pyramidmg.com.
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