News: Brokerage

Blake and DiFiglia of CBRE|Buffalo honored by Business First

CBRE|Buffalo's Steve Blake, CCIM, VP/partner, and Jim DiFiglia, associate broker, were each recipients of Business First's Commercial Real Estate Deal Makers of the Year Awards. Blake received the Life Science Deal of the Year for the 151,000 s/f Astellas Pharma Manufacturing/APP Pharmaceuticals, located at 3125 Stanley Rd., Grand Island. DiFiglia received Warehouse Deal of the Year for Leisure Pools located on 574 Main St. Tonawanda. The property contains 162,415 s/f and 6.6 acres. Winners were selected based on size and scope of the real estate deal. All nominated deals were properties located in the Buffalo Niagara region, with deals taking place between Jan. 2008 and March of this year.
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Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their