News: Brokerage

Stegner of CBRE Upstate brokers sale of former Medaille University Campus to Charter School Dev. Corp.

Buffalo, NY CBRE Upstate NY negotiated the sale of the nearly 14-acre campus that was previously home to Medaille University to Charter School Development Corp. (CSDC).

“At CSDC, we are dedicated to eliminating barriers to access choice and equity in under-resourced communities nationwide. We wholeheartedly support the vision of Buffalo Academy of Science Charter Schools and are honored to be a partner in this game changing campus that will positively impact the community,” said Mark Zeizel, senior vice president, real estate investments and strategy with CSDC.

“Being able to move BuffSci programs to the former Medaille campus is a tremendous opportunity to further our mission of providing academic experiences that prepare our students for college and careers of the highest potential,” said Dr, Joseph Polat, executive director of Buffalo Academy of Science Charter School (BuffSci), “there are few better settings to inspire future generations than a university campus like this.”

CBRE Upstate NY’s brokerage team led by Shana Stegner, represented the seller of the seven buildings on campus.

“It’s bittersweet to see the campus officially change hands, but it is gratifying to know that CSDC and BuffSci will maintain the campus as a place of high academic standards for future generations,” said Michael Moley, chair of the board of trustees for the office of the institution formerly known as Medaille University.

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