News: Brokerage

Blake and Mychaskiw of CBRE broker $1.426 million sale; Chosen by Rochester/Buffalo Realty

Rochester/Buffalo Realty invited five area commercial brokerages to meet and present their firms, discuss marketing programs, experience/market knowledge and property valuation. Based upon these criteria, Steve Blake and Lida Mychaskiw of CBRE|Buffalo were selected as the exclusive broker representatives for the subject property. The property was engaged in a bid sale and secured multiple competitive bids from prospective buyers, with Anderson Equipment Co. ultimately obtaining the site for $1.426 million. The former 36,274 s/f Milton-Caterpillar site is located on 3.2 acres on 2140 Military Rd. and looks out on Youngman Hwy. CB Richard Ellis|Buffalo is a CB Richard Ellis affiliate office serving WNY. 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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of