News: Brokerage

Calamar adds new patient service center in Woodlands Corporate Center in Wheatfield

Calamar has added the Catholic Health Laboratory Services to The Woodlands Corporate Center. Laboratory Services opened its 23rd patient service center, one of the first lab patient service centers in Niagara County. Catholic Health Laboratory Services continues to expand and enhance its services, bringing valuable lab collection centers directly to where people live, work, and worship and selected The Woodlands Corporate Center in part, for its location. The patient service center is located within The Woodlands Corporate Center near Niagara Falls Blvd. and Shawnee Rd. at 3799 Commerce Court, Ste. 300. The Woodlands Corporate Center West is a 30-acre wooded class A business park that is home to office, manufacturing, medical, multi-tenant and retail facilities, as well as a child care center, located off Niagara Falls Blvd. at Shawnee Rd. This was the first class A business park developed in Niagara County in over a decade and has resulted in the creation and retention of over 300 jobs and $30 million in capital investment. The park is completely built out which prompted the opening of The Woodlands Corporate Center East. The Woodlands Corporate Center East is a 120-acre mixed-use development comprised of office, industrial, flex, medical, retail, senior apartments and residential. Multi-tenant facilities are available for lease or land is available for build-to-suit clients. The residential component is comprised of patio homes and independent living senior apartments for third party clients as well as Calamar's own portfolio. Calamar is dedicating over $150 million of capital investment that will be expended over the next 10 years in the development of the park and is expected to create and retain over 2,500 jobs. "We're very excited about this new venture into Niagara County," said Constance Bauer, VP of laboratory services for Catholic Health. "Our laboratory services network is known for providing cost-effective outstanding service and quality testing to thousands of people who visit our centers each year. We're proud to now offer that same quality and service to residents in Wheatfield and North Tonawanda." In addition to the new location, Catholic Health operates 22 other patient service centers in the communities of Amherst-Williamsville, Buffalo, Cheektowaga-Depew, Derby-Hamburg, East Aurora, Kenmore-Tonawanda, Orchard Park, and West Seneca. Future plans call for opening a 24th patient service center at the OLV Senior Neighborhood in Lackawanna. Laboratory Services previously operated a patient service center at the former OLV Hospital. Calamar is a full-service real estate firm comprised of construction, development, property management and finance & investment divisions for commercial and large-scale residential properties in the northeast and midwest regions.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,

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.