Glennpeter Jewelers: Glennpeter Jewelers CEO expands portfolio with Wolf Road land buy

Glennpeter Jewelers CEO Jeff Weiss has bought another piece of commercial real estate - the Wolf's 1-11 restaurant/bar on Wolf Road in Colonie, New York. The 2.3-acre parcel at 111 Wolf Road, with the 16,359-square-foot restaurant, sold for $1.6 million, according to the town assessor's office. "I do real estate investment," Weiss said. "The opportunity came up." The seller was Peter Grimm, whose father first bought the property in the 1950s when Wolf Road was a two-lane road with farms, not...