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Brokerage
Posted: November 1, 2016
Ciminelli Real Estate wins NAIOP award for The Sinclair
Buffalo, NY According to Ciminelli Real Estate Corp., the company has been awarded 2016 Best Residential-Buffalo by the NAIOP Upstate NY Chapter for its most recent residential project, The Sinclair.
The NAIOP Upstate NY Chapter award recognizes projects in Upstate that perform at the highest level and contribute to their surroundings. Specific areas of interest include project concept, innovation, strengths, and features.
The Sinclair is located at 465 Washington St. The building was originally constructed in 1909 for Sinclair Rooney & Co., an established millinery. Ciminelli redeveloped the 6-story, 78,176 s/f building into a residential/mixed-use project, focusing on its connections to public transportation and the surrounding neighborhood. The Ciminelli team created 45 residential units, 10,000 s/f of office space, and 2,000 s/f of retail space. Construction was completed in June. Ciminelli’s project team included CJS Architects, and SM Hayes Construction, First Niagara Bank provided the project financing.
“Recognition of our concept, process and final product by an industry leading organization like NAIOP is a testament to our team, and a reflection of the value our current-and-future projects hold for the region,” said Paul Ciminelli, president and CEO of Ciminelli.
The NAIOP Upstate NY Chapter will recognize all 2016 award winners at an event on November 10, 2016 in Rochester, NY.
Headquartered in Buffalo, New York, Ciminelli provides commercial real estate services - including property management, development, leasing, and construction - to over 350 international, national, and local clients in Western and Central New York, Pennsylvania, Connecticut and Florida.
NAIOP is the leading trade association for developers, owners, investors and asset managers in office, industrial, retail and mixed-use real estate and is comprised of more than 16,000 members throughout North America.
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