News: Brokerage

Tudor and Collins of CBCM broker four sales totaling $1.62 million; includes $1.133 million sale of 21,000 s/f warehouse with 28 acres

The co-owners of the local Coldwell Banker Commercial Meridian Real Estate office, Eric Tudor and Patricia Collins, brokered the following sales totaling $1.62 million: * The sale of a 21,000 s/f modern warehouse and manufacturing facility with 28 acres at 4304 Walden Ave. in Lancaster, a former Honda four wheeler distributorship, to Winnomotive Properties, a Canadian company that manufacturers roll-up doors for emergency vehicles. The property sold for $1.133 million. Tudor and Collins represented Winnomotive, Gunner Tronolone of MJ Peterson Commercial represented the seller. * The sale of a 32,000 s/f manufacturing facility at 330 Greene St. in Buffalo that was owned by a Canadian individual to Atech-SEH Metal Fabricators for $312,500. Tudor and Collins represented the seller; John Mikoley of Pyramid Brokerage Company represented the buyer. * The $39,000 sale of 6 acres at the Vantage International Pointe business park on Inducon Corporate Dr. to Avion Technologies, Inc. out of Canada. Avion is a provider of contract manufacturing services, primarily to the defense, aerospace, and heavy equipment industries. Tudor and Collins represented the owners of the park. There is still 50 acres of the 160 acre park available for development. * The $135,000 sale of 1.4 acres at 6726 Transit Rd. in Pendleton to a local development company.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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,