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.
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Columns and Thought Leadership
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
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
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.