News: Brokerage

Blake of CBRE leases 12,000 s/f to CityMade

CityMade Inc./Made in Buffalo, an assembler and seller of boxed packages and gift baskets of regional culinary favorites, will be relocating its entire operation to Riverview Commerce Park where it will assemble all instore and online basket orders, as well as provide eCommerce and commercial operation services. The company will be leasing 12,000 s/f at 400 Riverwalk Pwy. After CityMade joins the tenant roster, 8,000 s/f of space will remain in the 56,686 s/f building. Steve Blake of CBRE|Buffalo handled the negotiations for the transaction. Riverview Commerce Park is located on the Niagara River, encompassing 180 acres of Empire Zoned land. Thomas Montante, the developer of Riverview Commerce Park, has now begun construction on 600 Riverwalk Pwy.
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Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced