The CBRE|Buffalo team of Steve Blake, CCIM and Lida Eberz have finalized several lease transactions throughout Western New York. Blake and Eberz secured multiple leases in the industrial sector, including the following leases: 30,300 s/f lease renewal at 2170 Union Rd., 20,000 s/f with Neil Development, 9,000 s/f with Wal-Cem Realty, 7,500 s/f with Uniland Development and a 7,350 s/f expansion with Benderson Development. Blake and Eberz also co-brokered a 162,000 s/f lease at 4039 Genesee St. with Eugene Bellis Real Estate.
The CBRE|Buffalo team also completed two office leases: a 47,000 s/f lease renewal with Ciminelli Real Estate Corp. at 10 Fountain Plaza and a 12,300 s/f lease renewal with Zaepfel Development at 85 Northpointe Parkway in Amherst.
In addition, Blake and Eberz currently have a 6,200 s/f office building located on Wehrle Dr. in Williamsville and a 13,700 s/f office/industrial building in the City of Buffalo under contract.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
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,
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
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.
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