News: Brokerage

D’Auria and Carminati of Waterbourne negotiate 50,000 s/f and handle $1.6 million sale between ASI and Uniland Development

Tony D’Auria, Waterbourne Real Estate Advisors Tony D’Auria, Waterbourne Real Estate Advisors
Jim Carminati, Waterbourne Real Estate Advisors Jim Carminati, Waterbourne Real Estate Advisors

Amherst, NY Waterbourne Real Estate Advisors, LLC has negotiated a long-term 50,000 s/f lease deal between their client, Autism Services, Inc. (ASI) and Uniland Development Co.

ASI, a provider of educational and support services for children and adults with disabilities–specializing in autism, will be moving from its current main school and administrative offices to Uniland’s Audubon Business Centre at 30 & 40 Hazelwood Dr. ASI is slated to move in by February 2017.

Additionally, Waterbourne was the sole broker in the sale of ASI’s current location at 4444 Bryant and Stratton Way in Williamsville. Upstate New York Transplant Services (UNYTS), the region’s organ and tissue donation agency, has a contract in place to acquire the 45,000 s/f ASI building for $1.6 million. The deal is scheduled to close by the end of the year, although UNYTS wil not move from its current downtown Buffalo location until summer of 2017.

Both deals were handled by Tony D’Auria and Jim Carminati of Waterbourne.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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 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
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