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January 20, 2026
Regional banks went quiet on commercial property loans. They’re turning up the volume again.
Major U.S. regional banks are projecting renewed growth in commercial real estate lending after years of reducing risk, citing lower interest rates and credit quality stabilizing across properties.
January 9, 2026
Macy’s identifies next 14 stores it plans to shut down
Macy’s is kicking off the new year by identifying the next round of underperforming stores it plans to close, 14 across a dozen states, as it executes its turnaround strategy.
December 22, 2025
Vestige of early film industry architecture set for next act
A mid-rise office building in downtown Buffalo, New York, that played a significant role in the city's history in the film industry is set to be converted into apartments and retail. In the process, it's spotlighting a bygone era of architecture dedicated to storing and displaying early movies.
December 10, 2025
National furniture store retailer puts batch of leases on the auction block
American Signature has launched an auction for nearly two dozen leases on its namesake and Value City furniture stores as part of its bankruptcy case, at a time when available retail space is scarce nationwide.
December 9, 2025
Powerwinx Metal Industries signs 10-year lease in Buffalo, New York
Powerwinx Metal Industries, a global leader in precision metal and plastic manufacturing solutions, has signed a long-term lease for industrial space at 321 Ramsdell Ave., Buffalo, New York.
December 1, 2025
Delaware North exits airport restaurant business, sells about 240 US locations
A foodservice provider that specializes in hospitality locations acquired about 240 restaurants and bars located in U.S. airports.
November 25, 2025
Furniture retailer files for bankruptcy, citing tariffs, weak housing market
American Signature filed for bankruptcy and is set to close 33 of its namesake and Value City Furniture stores, citing a steep sales decline because of the weak housing market and U.S. trade policy.
November 19, 2025
New Jersey-based Chopp Holdings enters Erie County, New York, with the third-largest sale this year
Chopp Holdings, a privately held investment and development firm based in New Jersey, paid $32 million for a 179,000-square-foot multifamily portfolio from Pillar Real Estate Investors.
November 6, 2025
Saks Off 5th gets ready to shut select stores across country
Saks Off 5th will be closing 10 stores scattered across the United States as its parent, luxury retail giant Saks Global, looks to streamline its brick-and-mortar property.
November 3, 2025
Top retail leases recognized for Buffalo
Prominent retail leases signed by United Auto Supply and Soiree Lounge & Grill negotiated by top dealmakers from Tudor Collins Commercial Real Estate, Bridgeway Commercial Realty and Signature Development Buffalo are among the third-quarter retail leases recognized by CoStar.
November 3, 2025
Top industrial leases recognized for Buffalo
Prominent industrial leases signed by Panther Logistics, Sonwil Distribution Center and A.N. Deringer negotiated by top dealmakers from TM Montante Development, J.R. Militello Realty and Tudor Collins Commercial Real Estate are among the third-quarter industrial leases recognized by CoStar.
November 3, 2025
Top property sales recognized for Buffalo
A prominent specialty deal handled by Lee & Associates and an office disposition arranged by CBRE are among the top third-quarter property sales recognized by CoStar.
November 3, 2025
Top office leases recognized for Buffalo
Prominent office leases signed by Catholic Health, American Coradius International and America Homecare negotiated by top dealmakers from CBRE Upstate NY and Newmark Ciminelli are among the third-quarter office leases recognized by CoStar.
October 30, 2025
Business education group to convert former Buffalo newspaper office building
A newspaper’s former office in downtown Buffalo, New York, known as a prime example of brutalist architecture, is set for a conversion to classrooms and meeting space, the latest example of how the news industry’s once-vast holdings of real estate are being repurposed.
October 6, 2025
Hotel declines start to ease near Canadian border as resilience begins to emerge
Hotel performance in U.S. areas near the Canadian border has softened considerably in 2025, as waning Canadian visitation continues to weigh on demand.
September 16, 2025
Hospitality construction sluggish in most Northeastern cities
An analysis of the top 10 largest hotel markets in the Northeast year to date, in terms of room inventory, revealed that most areas had subdued levels of construction through July. In aggregate, the number of rooms under construction as a percentage of supply across the top 10 Northeastern metropolitan areas was 1.5%, well below the national average of 2.4%. New York was the lone exception, as the level of construction in America’s largest city was 5.7% of its existing supply.
September 15, 2025
Most large Northeast hotel markets performing well
Across the top 10 largest hotel markets in the Northeast, in terms of room inventory, most markets saw growth in revenue per available room, or RevPAR, through July.
August 18, 2025
Dragos Capital buys 18 CVS-leased pharmacies
The private equity firm Dragos Capital has acquired a portfolio of 18 retail properties leased by the pharmacy chain CVS Health.
August 1, 2025
Top office leases recognized for Buffalo
Prominent office leases signed by the Sisters of Charity Hospital of Buffalo, Allient and Great Lakes Medical Billing Services, and negotiated by top dealmakers from Benderson Development Co. and Newmark Ciminelli, are among the second-quarter office leases recognized by CoStar.
August 1, 2025
Top property sales recognized for Buffalo
The sale of a prominent office porfolio handled by CBRE Upstate New York and an industrial property disposition arranged by J.R. Militello Realty and Century 21 North East are among the top second-quarter property sales recognized by CoStar.

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