News: Brokerage

Calamar honored by Business First of Buffalo at Shanghai Reds

Calamar was once again named to WNY's fastest growing companies by Business First of Buffalo. An awards reception was held at Shanghai Reds to honor and highlight the top 50 fastest growing companies in WNY. Calamar has the distinction of being on the list for seven years running now, one of only seven other companies to be on the list for five or more years. The selection was based on Calamar's sales and employee growth over the last three years, creating an overall growth rate of 38%. "This achievement is a significant result and the culmination of hard work and fortitude by the entire Calamar staff. I think our long term commitment and dedication to the WNY area is evident in every facet of our organization," said Calamar president Kenneth Franasiak. "We are incredibly fortunate to be able to achieve this success once again, especially in light of the current economy, we have found a way to persevere and differentiate ourselves from the pack. Our success is a direct result of maintaining a strict strategic focus to deliver the very best in service and products with a world class team." Calamar is a full service real estate company headquartered in The Woodlands Corporate Center in Wheatfield and is comprised of Construction, Development, Property Management, Finance and Investment divisions for commercial, industrial and large-scale residential projects. "While our long-term focus is on a national basis, we will continue to invest in our local community", said Calamar President Kenneth Franasiak. Calamar is active throughout Western New York and Southern Ontario and last year opened offices in Omaha, Nebraska. Over the last decade, Calamar has developed and invested over $150 million dollars in the Western New York region. "Our continued commitment to Western New York is clearly obvious with the investment of over $250,000,000.00 into the expansion of The Woodlands Corporate Center." said Franasiak. Calamar offers in-house services ranging from site selection, financing, construction and management. The construction division offers building systems in pre-engineered metal, conventional masonry and site-cast concrete tilt-up construction. The Fast Track 50 event was sponsored by Business First of Buffalo, along with Gaines Kriner & Elliott, who verify the sales figures and full-time employee status over the last three years for each organization. About Calamar 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 & Midwest regions. Calamar is headquartered in Wheatfield, NY and has offices in Omaha, NE, Miami, Fl, Woburn, MA and Niagara-on-the-Lake & Toronto, Ontario. For more information, contact Kathy Griffiths at 716.693.0006, ext. 211 or [email protected]
MORE FROM Brokerage

SABRE coordinates sale of six properties totaling 199,845 s/f

Huntington, NY SABRE Real Estate Advisors has completed the sale of six commercial properties across Long Island and Northern New Jersey, further underscoring the firm’s strength as a trusted partner in complex real estate transactions. The deals were led by executive vice presidents Jimmy Aug and Stu Fagen, whose combined expertise continues to drive exceptional results for clients across the region.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.