News: Brokerage

Picone of McGuire Development brokers $605,000 sale of 5,000 s/f retail property

Vito Picone, broker for McGuire Development Company's Real Estate Services Group, facilitated the $605,000 sale at 8316 Main St. The former Harden Furniture building was purchased by Brian Parisi Copiers within four weeks of being formally listed. Brian Parisi Copiers bought the 5,000 s/f retail store with the intention of adding an additional 2,500 s/f to its growing business. Picone said, "The listing's high volume of interest was attributed to the superior quality of the building and the popular Main St. location in the town of Clarence." For more information on McGuire Development's Real Estate Services, visit them online at www.mcguiredevelopment.com or call 829-1900.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.