News: Brokerage

Buckingham Properties leases space to Barton & Loguidice Engineering

Barton & Loguidice Engineering will be relocating its Rochester office to Buckingham Properties' Daily Record building at 11 Centre Park. The engineering firm recently signed a long-term lease to allow for continued growth of staff, services and operations from the new Centre Park location. The new office will be bigger and have more available resources to provide expanded services from one location. "We are extremely pleased to open our new office in the Daily Record Building," said John Rigge, senior associate at Barton & Loguidice. The Daily Record Building's unique attributes met our need to find a creative space that would also provide exceptional amenities and close proximity to government offices. The building was also compelling because it is owned and managed by Buckingham Properties who we knew would be responsive, accommodating and put our needs first." Scott Chenet, Barton and Loguidice's director of marketing discussed how "the move reflects our growth, success and continued commitment to the evolution of downtown Rochester, Monroe County and the entire Western New York Region." Buckingham's director of leasing Ted Welter said, "As a long-term tenant at another Buckingham site, Barton & Loguidice came to us with expansion needs that could not be fulfilled where they were. So we set to work to find other quarters and we're excited to be able to accommodate the growth needs of this fine organization, that they chose to stay right here in the quickly transforming west-end, and have selected our Daily Record Building for their new location." The Daily Record Building, built in 1904, is located within the Historic Cascade District. It was purchased several years ago by Buckingham Properties and redeveloped to offer office and live/work lofts in this 36,000 s/f building.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,