June 11, 2025
Rochester leads Upstate New York markets in apartment rent growth
Apartment rent growth in Rochester, New York, is accelerating amid stable vacancy trends and limited construction activity.
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June 2, 2025Automotive repair chain to close 145 stores by month's end
Automotive repair and tire retailer Monro is planning to close 145 locations in a bid to improve profitability, the latest company in the automotive services sector to close stores or take other steps to address the effect of inflation on its sales and profits.
May 28, 2025General Motors pivots away from electric vehicles at plant near Buffalo, New York
General Motors plans to invest $888 million to renovate a plant near Buffalo, New York, to make gasoline-powered engines for trucks and SUVs, shifting away from an earlier plan to make parts for electric vehicles there as the Trump administration seeks to end federal support for EVs.
May 28, 2025Borderline slump: Canadian travel dip unevenly hits hotel performance in US areas near Canadian border
According to Tourism Economics, recent data from Statistics Canada reveals an ongoing decline in Canadian travel to the U.S., with a 35.2% year-over-year drop in land crossings and a 19.9% decrease in air arrivals in April. This pullback continues to weigh on hotel performance, particularly in markets near the Canadian border. However, a closer analysis suggests that the severity of the impact may be overstated.
May 9, 2025These are the nation's most endangered historic properties, group says
A hurricane-damaged arts district in North Carolina and abandoned hotels from New York to Oregon are among the nation's most endangered historic properties, according to preservationists.
May 1, 2025Top property sales recognized for Buffalo/Niagara Falls
A prominent multifamily deal handled by GREA and a general retail disposition arranged by Cushman & Wakefield and Cushman and Wakefield/Pyramid Brokerage Company are among the top first-quarter property sales recognized by CoStar.
May 1, 2025Top industrial leases recognized for Buffalo/Niagara Falls
Prominent industrial leases signed by Wavepoint Warehousing, IAC Buffalo Holdings and Red Shed Brewery negotiated by top dealmakers from CBRE Upstate NY and Hunt Commercial Real Estate are among the first-quarter industrial leases recognized by CoStar.
May 1, 2025Top retail leases recognized for Buffalo/Niagara Falls
Prominent retail leases signed by CallofDeals, Colorluxe and Alibaba Kebab negotiated by top dealmakers from Phillips Edison & Company and Tudor Collins Commercial Real Estate are among the first-quarter retail leases recognized by CoStar.
May 1, 2025Top office leases recognized for Buffalo/Niagara Falls
Prominent office leases signed by Wendel, Progressive Insurance and Harris negotiated by top dealmakers from Newmark Ciminelli are among the first-quarter office leases recognized by CoStar.
April 14, 2025Tariffs prompt M&T Bank to cut forecast as Goldman Sachs CEO touts free trade
M&T Bank, one of the largest bank lenders for commercial real estate, cut its 2025 forecast for profit from loans because of tariff-induced economic concerns as Goldman Sachs CEO David Solomon both praised the benefits of international trade to the United States and said there can be room for improvement.
April 6, 2025Trade war curbs Canadians' desire to travel to US
The U.S.-Canada tariff dispute has led to fewer Canadians making trips south of the border.
March 26, 2025Sale of struggling hotel confirms value of creativity and flexibility in closing deals
The sale of the Hawthorn Suites by Wyndham near the Buffalo Airport was on life support. Securing financing for struggling hotels is very difficult in the current environment.
March 26, 2025Uniland raises the roof for BestSelf Behavioral Health's new headquarters and Child Advocacy Center
On a sunny day in the fall of 2024, the executive team of Uniland Development Co. stood alongside the senior leadership of their client, BestSelf Behavioral Health, celebrating the grand opening of the new BestSelf headquarters and Child Advocacy Center in a redeveloped medical office building to support their growing operations in Buffalo.
March 5, 2025Retailer Ross Stores extends expansion push as off-price sellers shine
Ross Stores plans to keep pace with its 2024 expansion by opening 90 stores this year, including a batch this weekend, as the U.S. off-price retail sector maintains its appeal to budget-conscious shoppers and broadens its brick-and-mortar footprint.
February 28, 2025Top Dealmakers in Buffalo Named CoStar Power Brokers
Meet the top commercial real estate firms and brokers in the Buffalo market who have been recognized as CoStar Power Brokers for their exceptional deal-making.
February 24, 2025Yokohama becomes latest tire maker to close, shrink US operations
Yokohama is closing a plant in Spartanburg, South Carolina, and cutting 90 jobs, the latest in a string of layoffs by tire makers in the United States.
February 13, 2025Top Office Leases Recognized for Buffalo
Prominent office leases signed by Buffalo Niagara Partnership, Alcott and Woods Oviatt Gilman — and negotiated by top dealmakers from Hunt Commercial Real Estate and Newmark Ciminelli — are among the fourth-quarter office leases recognized by CoStar.
February 13, 2025Top Property Sales Recognized for Buffalo
A prominent general retail deal handled by Newmark and Newmark Ciminelli as well as a multifamily disposition arranged by Greco Real Estate are among the top fourth-quarter property sales recognized by CoStar.
February 13, 2025Top Retail Leases Recognized for Buffalo
Prominent retail leases signed by Dollar General, Cheektowaga Country Club and International Halal Butcher Shop — and negotiated by top dealmakers from Donovan Real Estate Services, Hanna Commercial Real Estate and Sheridan Center — are among the fourth-quarter retail leases recognized by CoStar.
February 13, 2025Top Industrial Leases Recognized for Buffalo
Prominent industrial leases signed by Wavepoint 3PL, FoodNerd and KPM Exceptional — and negotiated by top dealmakers from Hunt Commercial Real Estate as well as Casilio Real Estate & Development — are among the fourth-quarter industrial leases recognized by CoStar.
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