News: Brokerage

Iskalo Development Corp. acquires 8600 Transit Road for $2.125 million

Iskalo Development Corp. has completed the acquisition of 8600 Transit Rd. for $2.125 million. This award winning two-story building consists of 20,000 s/f of class A office space. 8600 Transit Rd. has garnered distinguished recognition as Buffalo Business First's "Best New Office Building in Western New York" and previously served as the corporate headquarters for luxury home builder Patrick Homes, Inc. "8600 Transit Road is an impeccably finished professional office building," said Paul Iskalo, president & CEO of Iskalo Development Corp. "The building is in move-in condition and, with its rich wood paneling, architectural detailing, decorative lighting and exquisite furnishes, is ideally suited for image conscious professional service firms," continued Iskalo. 8600 Transit Rd. is located in East Amherst, just north of Maple/Greiner Roads. Fully finished office suites from 2,000 s/f up to 14,000 s/f are now available for immediate occupancy. "This is a rare opportunity to operate your business in a highly visible, upscale building that is located within one of the most affluent areas of Western New York," said Karen Lanham, Iskalo Development's director of leasing. David Schiller of Pyramid Brokerage represented the seller.
MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
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,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,