SARATOGA SPRINGS — Airosmith Development has acquired property across from their headquarters in Saratoga Springs to accommodate their expanding payroll.
Airosmith Development Founder Margaret Smith Cassier has invested $890,000 to purchase the 2-acre lot directly across the street from their $3 million headquarters at 318 West Ave. The 2-acre property at 331 West Ave. is already developed with a 2,975 sq. ft. house, according to Realtor.com. Previously operating out of the building was Julie Wells, LCSW.
“As we are at full capacity in our existing space, we purchased [the property] across the street to accommodate our immediate needs,” said Smith Cassier. “Over the next several months we will work on designing the use of the lot, building, and possible expansion thereof, and then getting the various City approvals required for the Plan.”
Details of this acquisition became public this month after the deed was filed in Saratoga County. The transaction was officially closed back on Dec. 17.
Airosmith Development is a certified women-owned development company providing “wireless and utility infrastructure site development solutions to clients seeking to expand, upgrade, or maintain their networks.” Their clients include wireless carriers, broadband providers, utility companies, and tower companies. They specialize in site acquisition, engineering, fiber network services, technical field services, and project management.
Just last year Airosmith surpassed 100 employees, while also celebrating their 18th year in business in July 2021. Airosmith Development had been named as an Inc. 5000 Fastest Growing Private Company for the past 5 consecutive years.
For information about Airosmith Development, visit their website at www.airosmithdevelopment.com.