News: Brokerage

McGuire Development and Trammell begin 268,000 s/f Campus Sq. project

Rendering, Campus Square - Buffalo, NY Rendering, Campus Square - Buffalo, NY

Buffalo, NY According to McGuire Development Co. and Mark Trammell, the New York State Housing Finance Agency has officially approved a construction/permanent financing package for the Campus Sq. development project. Construction is scheduled to begin March 2017.

Campus Sq. will be a six-story 268,000 s/f, class A, mixed-use building, containing an 88,000 s/f parking facility. The project is being developed in the Buffalo Niagara Medical Campus on 3.4 acres across from the Gates Vascular Institute, on the corner of East North St. and Ellicott St.

Campus Sq. is one of the first multi-generational, mixed-income full service apartment buildings in the city. It will have 153 apartments (92 affordable and 61 market), a grocery store, a coffee shop/restaurant, a bank branch, a dry cleaner, medical offices, and community space with Mohammad’s School of Music in a six-story building.

Rendering, Campus Square - Buffalo, NY Rendering, Campus Square - Buffalo, NY

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

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
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