News: Brokerage

Iskalo Development leases 2,700 s/f to Dixon Schwabl at Electric Tower

Buffalo, NY According to Dixon Schwabl, a Rochester-based integrated marketing services agency, it has signed a 2,700 s/f lease with Iskalo Development Corp. for office space in the Electric Tower, 535 Washington St. The deal represents the next phase in Dixon Schwabl’s ongoing expansion and growth in the region. 

Established in 1987, Dixon Schwabl is a New York State Certified Women-owned Business Enterprise.

Dixon Schwabl will occupy the 11th floor of the Electric Tower. The local office will initially be staffed by several current Dixon Schwabl employees, including director of Buffalo business Justin Shaw, with plans to hire an additional four or five employees. Dixon Schwabl anticipates moving into the Electric Tower in early July.

“This is an important time for Buffalo as it continues its progressive, future-forward revitalization of a city poised for even greater times ahead,” said Mike Schwabl, Buffalo native and president of Dixon Schwabl. “We are thrilled to have a formal Buffalo presence with our new office in the city, helping contribute to the resurgence currently happening in my hometown. We look forward to further integrating Dixon Schwabl into the fabric of Buffalo’s growing business community.”

“We are pleased and honored that Dixon Schwabl selected the iconic Electric Tower for their base of operations in the Buffalo Niagara region,” said Paul Iskalo, president & CEO of Iskalo Development.  “Their presence here serves as further evidence of the economic renaissance taking place in Buffalo Niagara as well as in the Electric District of downtown.” 

A full-service firm, Dixon Schwabl provides public relations, digital media advertising, search engine optimization, search engine marketing, business and marketing intelligence and analytics, social media and content marketing, marketing technology and automation, branding and creative, video production and event planning/management services. With 100 employees, Dixon Schwabl serves clients across the U.S. During its 31-year history, the agency has worked with a number of clients in Buffalo, including Tops Friendly Markets, Wilson Farms, The Gow School and Northtown Automotive Group.

Dixon Schwabl has always had Buffalo-based clients on its roster. Over the past year, the agency has worked with Delaware North, Hyatt Regency Buffalo and Wendt Corporation, and is in the process of finalizing a contract with the Erie Canal Harbor Development Corp. for a five-year branding, website development, marketing and public relations project focused on Canalside and the Outer Harbor.

“While we have been fortunate to have Buffalo-based companies seek out our agency during our 31 years in business, we’ve been incredibly pleased with the revenue growth we’ve experienced since we started actively pursuing new business in the Buffalo Niagara region,” said Lauren Dixon, chief executive officer of Dixon Schwabl. “We pride ourselves on our ‘make it happen’ culture and our client-centric approach — and as we continue our growth in Buffalo, we felt we were at a point where we needed to have a physical office in the Queen City. The downtown area is at the heart of its economic and cultural renaissance, and the Electric Tower building is a true cornerstone of the city.”

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
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking