News: Brokerage

CB Richard Ellis|Buffalo honored by Western NY chapter of NYSCAR: Blake, Clark and Roller of CBRE|Buffalo win awards

CB Richard Ellis|Buffalo (CBRE|Buffalo) received two awards at the 8th Annual Western New York chapter of the New York State Commercial Association of Realtors (NYSCAR) Awards Dinner. Stephen Blake of CBRE|Buffalo received the award for largest broker assisted sale transaction for his role in the sale of Astellas Pharma Manufacturing, Inc.'s 150,500 s/f pharmaceutical manufacturing facility located in Grand Island. Charles Clark and Robert Roller received the award for 1st runner up for largest assisted sales transaction, for their role in a four property $24.4 million retail portfolio sale. The retail portfolio included Olean Mall, located in Olean. This is the third year in a row that CBRE|Buffalo has been recognized by NYSCAR. Previously, at NYSCAR's 2007 Awards Dinner, Shana Stegner and Jeffrey LiPuma received the 2007 largest lease transaction award for the tenant representative of Tower Group, Inc. Also that year, Michael Clark, in conjunction with CBRE-Rochester's Andrew Dollinger, received 1st runner up for largest sale transaction, for their representation of Wegmans in a 209,199 s/f investment sale located at 2001 Walden Ave. in Cheektowaga. At NYSCAR's 2006 Awards Dinner, CBRE|Buffalo received largest sale transaction award for Home Properties portfolio sale and 1st runner up for largest lease transaction for tenant representation of AG Edwards. In 2006, CBRE|Buffalo was the recipient of the largest lease transaction award for BlueCross BlueShield's 450,000 s/f headquarter building downtown and 1st runner up for largest sale transaction for 2777 Walden Ave. CB Richard Ellis|Buffalo is a CB Richard Ellis affiliate office serving Western New York. The firm assists real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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,
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