GLENS FALLS — The FitzGerald Morris Baker Firth law firm has purchased the former Genpak office building on Warren Street for $550,000.
The deed for the 68 Warren St. property was transferred to the law firm on Dec. 21 from Jim Pattison Developments, a Canadian-based holding company that manages Genpak, according to Warren County Real Property Tax Services.
The building has been vacant since May 2016, when Genpak relocated its corporate headquarters to North Carolina. The company manufactures a variety of single-use packaging for the food industry.
Genpak had been based in Glens Falls for 35-plus years, but company officials decided in 2016 to consolidate operations in Charlotte, North Carolina, where it had three facilities including the research and development division.
The company had employed about 62 people in Glens Falls. It employs about 2,000 people overall.
John Aspland, managing partner for FitzGerald Morris Baker Firth, said it was a great opportunity for the firm to own a building on the main thoroughfare of the city.
“The building is a great piece of architecture. Genpak was a great owner. They kept it updated and in great shape,” he said.
The building is about 23,000 square feet and has a gymnasium with a basketball court, according to Aspland. Among its features are high ceilings, decorative molding, two fireplaces and great windows overlooking St. Mary’s Roman Catholic Church and the old post office building being renovated by Peter Hoffman on Warren Street.
Aspland said Genpak was gracious in its negotiations to sell the building, and Glens Falls National Bank put together a competitive financing package.
The law firm has nearly 100 years of roots in the community, according to Aspland. There are about 34 employees in offices in Hudson Falls and Cambridge and a satellite office in Salem.
“It will allow us to continue to grow the practice,” he said.
The firm is currently operating out of rented space at 16 Pearl St.
The company has retained the services of architect Ethan Hall of Rucinski Hall Architecture, Shaun Rivers of Schoder Rivers Associates and contractors Tom Albrecht Sr. and Tom Albrecht Jr. of Hilltop Construction Co.
Aspland said he hopes construction can start in March.
“I’m hopeful that we can move in about October,” he said.