News: Brokerage

McGuire Development assists in relocation and disposal of properties

Since 2009, McGuire Development Company has handled the asset management for three of the Cantalician Center for Learning's campuses. Recently, the Center's executives tapped into McGuire Development's tenant representative services to help research and strategically identify potential properties as they look to expand and relocate within the Buffalo metro area. At the same time, McGuire Development's real estate services group is assisting with the disposal of two of the center's properties. The first features four buildings totaling 52,000 s/f on three acres at 3233 Main St. in Buffalo while the second property features 62,000 s/f on four acres at 1350 Eggert Rd. in Amherst. The Cantalician Center for Learning serves more than 500 clients annually, employs a staff of 250 individuals and maintains three campuses comprising more than 185,000 s/f. In 2009, McGuire Development Company utilized its signature transparent process to implement a facility development and property management plan for the Cantalician Center that focused on immediate property stabilization and planning. This gave executives time to evaluate and strategically implement a full scale plan for short and long-term property growth. "We brought to the table extensive experience in managing facilities similar in nature to those of the Cantalician Center," said Jim Dentinger, president of McGuire Development Company. This includes Medaille College's Amherst campus, multiple class B and C office facilities as well as health care facilities and medical office buildings throughout Western N.Y.
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