News: Brokerage

Geiger of McGuire Development facilitates $545,000 sale; UCG Ventures is buyer

Rendering, 2374 Niagara Falls Blvd. - Tonawanda, NY Rendering, 2374 Niagara Falls Blvd. - Tonawanda, NY

Tonawanda, NY McGuire Development Co. has completed the sale of 2374 Niagara Falls Blvd. for $545,000 to UCG Ventures LLC.

Plans include turning the former John & Mary’s location into a Checkers Drive-In Restaurant. Redevelopment of the facility will include a total conversion introducing the chain’s new architecture and design.

Jim Geiger, McGuire Development Jim Geiger, McGuire Development

Jim Geiger, director of business development for McGuire Development Company, was the exclusive representative brokering the deal.

Currently there are two Checkers Drive-In Restaurants in Western New York with one in Buffalo and one in Cheektowaga.

“The local restaurants have experienced great success, with sales often in the top 10% of the national chain’s average,” Geiger said. “I expect this location will experience the same growth.”

Checkers Drive-In Restaurants is headquartered in Tampa, Florida with locations in 28 states and the District of Columbia.  The menu includes burgers, fries, chicken, fish, wings and ice cream desserts.

McGuire Development Company is a full service commercial development and real estate firm specializing in real estate services, development, property management, owner representation and brokerage.

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