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Electronics Park, LLC

Electronics Park is a landmark 181-acre office/industrial business park conveniently located in the Town of Salina, six miles from downtown Syracuse. Originally built in 1946 for General Electric as the company’s post-war radio and television design and production center, Electronics Park is now used for engineering, research, and development by its anchor tenant, Lockheed Martin MS2. A leading producer of air, sea, and ground-based electronic systems servicing customers worldwide, Lockheed Martin Corporation employs more than 2,300 people at Electronics Park and occupies 1.4 million square feet of 1.8 million square feet of space in the building complex.

As Lockheed Martin’s requirements in Syracuse changed during the early to mid-1990s, the company explored ways in which excess space within various industrial and office buildings at the park might be best used. In addition, significant well-positioned acreage was, and is, available for future development.

In order to develop the area in an efficient and professional way Electronics Park LLC has retained Pyramid Brokerage Company, Inc. to provide all types of professional real estate services associated with a business park of this nature. Pyramid's involvement has allowed for the development of creative and financially attractive deal structures. Pyramid's impact on Electronics Park promises to show a positive growth in the Electronics Park area.

Property Overview

Approximately 20 acres of land are available within Electronics Park for development by tenants requiring buildings specific to their needs. Building sites range in size from one to seven acres. Approximately five acres of land has been zoned commercial and are available for such uses as a restaurant, health club, bank, and day care center.

One building, approximately 110,000 square feet in size and 2 ½ stories, is available for redevelopment. Building 3, the former E-Lab, contains many clean room laboratories.

Current tenants at the Park include Lockheed Martin; Laboratory Alliance of CNY; RMSCO-EBS; Best Western Hotel; Gallagher Electric, LLP; and Integrated Medical Devices.

Location

Electronics Park is located within Onondaga County near the geographical center of New York state, and at the crossroads of the region’s highway system, adjacent to Exit 37 of the New York State Thruway, and five minutes from Syracuse’s central business district via nearby interstate 81. Major metropolitan areas such as Toronto, Buffalo, Albany, Boston, and New York City are easily accessible by car or by direct flight from Syracuse’s Hancock International Airport, located just minutes from the park’s entrance.

Electronics Park Map

For more information about development opportunities at Electronics Park, contact Lori Dietz at ldietz@centerstateceo.com.

 

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