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The proposed sale of the former One HSBC Center in Buffalo, N.Y., has fallen apart, according to a report by the Buffalo News. The 850,000-square-foot property serves as collateral for a $74.6 million loan that was securitized through GS Mortgage ...
Buffalo Business First IBM Corp. is taking 100,000 square feet at the Key Center, a 435,384-sf office building in Buffalo, N.Y., that backs $33.9 million of CMBS debt. The mortgage is securitized through GMAC Commercial Mortgage Securities Inc., 2004-C3. It ...
Commercial Real Estate Direct Staff Report One HSBC Center, the tallest building in Buffalo, N.Y., has been appraised at a value of $15.4 million, according to a research brief by Barclays Capital. The 40-story building, which has nearly 850,000 square ...
Commercial Real Estate Direct Staff Report The $74.6 million CMBS loan against One HSBC Center, the tallest building in Buffalo, N.Y., has been transferred to special servicing because it's expected to default. The debt is securitized through GS Mortgage Securities ...
Charlotte Business Journal Campus Crest Communities Inc. has proposed a 216-unit student-housing property in Buffalo, N.Y. The Charlotte, N.C., developer would invest $15 million into the project, which would service students attending the State University of New York's Buffalo campus. ...
Hampshire Cos. has sold two industrial buildings with 257,028 square feet in the Buffalo, N.Y., area. Fremont Group of Hartford, Conn., bought the properties for an undisclosed price. Both buildings are fully leased to API Heat Transfer, a maker of ...
Buffalo Business First Ellicott Development is developing a $28 million hotel with apartment units on Main Street in Amherst, N.Y., near Buffalo. The 120-room hotel is slated to be operated as a Wyndham Garden Hotel & Suites.
Macerich Co. plans to expand its 526,000-square-foot Fashion Outlets of Niagara Falls USA shopping center by as much as 250,000 sf. The Santa Monica REIT earlier this year paid $200 million for the Niagara Falls, N.Y, property, which included assuming ...
Macerich Co. has paid $200 million for the 526,000-square-foot Fashion Outlets of Niagara Falls USA. A subsidiary of AWE Talisman Co. sold the property at 1900 Military Road in Niagara Falls, N.Y. Macerich assumed $121 million of existing debt, which ...
Commercial Real Estate Direct Staff Report People's United Bank of Bridgeport, Conn., provided $42.5 million for 257 W. Genesee St., a 430,458-square-foot office building in Buffalo, N.Y., that serves as the headquarters of HealthNow New York Inc. The property was ...
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