News: Brokerage

Stegner, Warren and Sack of CBRE|Buffalo complete sealed bid sale

CB Richard Ellis|Buffalo was the exclusive representative for National Grid in the sale of the 2.8 acre parcel and 9,400 s/f building located at 70 North Forest Rd. CBRE|Buffalo was engaged by National Grid to market the property for sale. A sealed bid process was chosen, resulting in attracting interest from purchasers both in the WNY area as well as outside the region. Out of the multiple bids received, the successful bidder for the sale of the property was Iskalo Development. The sales price was undisclosed. The CBRE|Buffalo team consisted of Shana Stegner, Sarah Cashimere-Warren and marketing director Lindsey Sack.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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,
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.
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