Category: Western NY

LaBelle of NBT Bank to lead Upstate New York Chapter of the Appraisal Institute as 2026 president

LaBelle of NBT Bank to lead Upstate New York Chapter of the Appraisal Institute as 2026 president

March 31, 2026
Rochester, NY The Upstate New York Chapter of the Appraisal Institute will be led by Thomas LaBelle, MAI, AI-GRS, of NBT Bank, as president. LaBelle, vice president and chief appraiser
Empire Commercial Construction to deliver 9,000 s/f for Brockport Smiles dental facility

Empire Commercial Construction to deliver 9,000 s/f for Brockport Smiles dental facility

March 26, 2026
Brockport/Sweden, NY Empire Commercial Construction was awarded the construction contract and renovations are underway for a Brockport Smiles location. Empire is working with Hanlon
Phillips of Largo Real Estate arranges $6.525 million refinance of 20,612 s/f medical office

Phillips of Largo Real Estate arranges $6.525 million refinance of 20,612 s/f medical office

March 11, 2026
Buffalo, NY Jack Phillips of Largo Real Estate Advisors arranged a $6.525 million permanent first mortgage to refinance the existing debt on a 20,612 s/f medical office property.
Schechter and Seider of Cushman & Wakefield|Pyramid Brokerage sell 211,650 s/f ind’l./mfg. for $9.75 million

Schechter and Seider of Cushman & Wakefield|Pyramid Brokerage sell 211,650 s/f ind’l./mfg. for $9....

March 10, 2026
Tonawanda, NY DKP Buffalo sold 55 Milens Rd. for $9.75 million. The 211,650 s/f industrial manufacturing building is on 21.44 acres. Richard Schechter, associate real estate broker and David Seider, real estate salesperson for Cushman & Wakefield|Pyramid Brokerage Company Buffalo, exclusively represented the seller.
Nadler of Horvath & Tremblay sells Sportsman’s Warehouse for $7.025 million

Nadler of Horvath & Tremblay sells Sportsman’s Warehouse for $7.025 million

March 10, 2026
Rochester, NY Matt Nadler of Horvath & Tremblay completed the sale of a single tenant 55,000 s/f Sportsman’s Warehouse at 1200 Miracle Mile Dr. Horvath &
Nesbitt, Leonard, Colvin, Viger, Galley, Wink, Corio and Jacobs promoted at Wendel

Nesbitt, Leonard, Colvin, Viger, Galley, Wink, Corio and Jacobs promoted at Wendel

March 6, 2026
Williamsville, NY Wendel, a nationally recognized architecture, engineering, energy efficiency, and construction management firm, promoted Chuck Nesbitt, Daniel Leonard, AICP, Elizabeth Colvin, Grace Viger, and
Phillips of Largo Real Estate Advisors closes $4.295 million mortgage refinancing

Phillips of Largo Real Estate Advisors closes $4.295 million mortgage refinancing

February 27, 2026
East Amherst, NY Jack Phillips of Largo Real Estate Advisors closed a permanent first mortgage totaling $4.295 million to refinance a modern 24-unit multi
Ticco of Cushman & Wakefield/Pyramid Brokerage leases 6,748 s/f to Webster Szanyi

Ticco of Cushman & Wakefield/Pyramid Brokerage leases 6,748 s/f to Webster Szanyi

February 24, 2026
Williamsville, NY Webster Szanyi LLP has finalized the relocation of its downtown Buffalo office from the Liberty Building to a newly renovated 6,748 s/f space at 5326 Main St. Webster Szanyi has been servicing clients from its downtown
Are 6% mortgage rates the new norm? - by John Rynne

Are 6% mortgage rates the new norm? - by John Rynne

February 24, 2026
In my October article there was much emphasis on what effect interest rates have on overall capitalization rates. A lengthy discussion was made regarding the battle of words between President Trump and Federal
250,000 s/f Pianoworks  property set for February 2026 auction

250,000 s/f Pianoworks property set for February 2026 auction

February 10, 2026
East Rochester, NY The historic Pianoworks property, a landmark mixed-use complex with industrial roots and modern repositioning potential, is set to hit Crexi Auctions in February 2026, offering investors and owner-users a rare opportunity to acquire a sizable, character-rich asset in the Greater Rochester market.
Cleeman Realty Group arranges off-market sale of net lease Tops portfolio

Cleeman Realty Group arranges off-market sale of net lease Tops portfolio

February 10, 2026
Medina, NY Cleeman Realty Group completed the sale of a three-property Tops Supermarket portfolio totaling 167,500 s/f of gross leasable area across Western New
Gantry secures $48.3 million for multifamily portfolio acquisition

Gantry secures $48.3 million for multifamily portfolio acquisition

February 10, 2026
Hamburg, NY Gantry has secured loans totaling $48.3 million for the acquisition of a four-property multifamily portfolio encompassing 671 units in a suburb
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