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May 26, 2005 First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) has completed its $22 million purchase of Ingram Micro Inc.'s East Coast headquarters.The Boston company financed its purchase of the 200,000-square-foot property, which sits at 1759 Wehrle Drive ...
May 9, 2005 Business First of Buffalo A new report on the residential market in downtown Buffalo, N.Y., shows that demand for housing has surpassed expectations. For the past few years, officials assumed the downtown residential absorption rate was about ...
The Omaha, Neb., REIT has paid $76 million for the 268,000-square-foot Niagara Center and a one-story building at 186 Exchange St. in Buffalo. The company is looking to acquire another 15 properties, totaling about 3.5 million sf, for about $646 ...
April 18, 2005 Business First of Buffalo BlueCross BlueShield of Western New York plans to build a new headquarters in Buffalo, N.Y., on the former "Gas Works" site on West Genesee Street. The insurance giant is in final negotiations with ...
April 18, 2005 Business First of Buffalo A new study by New Jersey firm Zimmerman/Volk Associates Inc., found that the Buffalo, N.Y., central business district can absorb about 375 new apartments, townhouses and condos on an annual basis. That's an ...
The new owners will raze two buildings and renovate 9 others
April 4, 2005 Business First of Buffalo A partnership between Shoreline Limited Partnership and Norstar Development USA LP has agreed to acquire the 142-unit Niagara Street apartment complex in Buffalo, N.Y. The partnership will be spending about $13.3 million to ...
March 28, 2005 Business First of Buffalo Local developer Sam Savarino has bought two properties in Buffalo totaling about 155,000 square feet: the New York Telephone building at 124 Elmwood Ave. and a nearby parking lot for $800,000. Savarino and ...
March 28, 2005 Business First of Buffalo Developer David Ulrich expects to resume construction on a speculative multi-million-dollar, mixed-use office and retail project in downtown Lockport, N.Y. Construction began last fall on the 13 buildings along Main and Walnut streets, ...
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