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.
Prominent industrial leases signed by We Must, U.S. Traffic Control and Campione Safety, negotiated by top dealmakers from Tudor Collins Commercial Real Estate and Cushman and Wakefield/Pyramid Brokerage Company, are among the second-quarter industrial leases recognized by CoStar.
Retail leases signed in the second quarter by BFLO, Home Essentials of Buffalo and Lucky Day Whiskey Bar, negotiated by top dealmakers from Kimco Realty, Hanna Commercial Real Estate and Hunt Commercial Real Estate, are among the second-quarter retail leases recognized by CoStar.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.