Category: Western NY
Phillips of Largo Real Estate completed a $1.85 million refinance
October 14, 2025
Arcade, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $1.85 million permanent first mortgage to refinance the existing debt and closing costs for a 32-unit multifamily property
Endeavor Real Estate Group sells 21,000 s/f flex building for $1.95 million
September 30, 2025
Brighton, NY Endeavor Real Estate Group represented the buyer in the acquisition of 800 West Metro Park, a flex building. A local investment group paid $1.95 million for the 21,000 s/f building, built in 1999 on 3.96 acres. The asset was 100% leased and producing income at the time of
Empire Commercial Construction and Tedrow Design Group building 905 s/f Cinnaholic store at Pittsfor...
September 9, 2025
Pittsford, NY Empire Commercial Construction is well underway with the construction contract for Cinnaholic. Empire partnered with local franchisee, ABKI Corp., as well as Tedrow Design Group, for all design and development of the 905 s/f space located within Pittsford
Signature Acquisitions adds Harbor Freight to JAPM Plaza in Greece, NY
July 29, 2025
Greece, NY Signature Acquisitions has welcomed Harbor Freight to JAPM Plaza, located at 3042 West Ridge Rd. Harbor Freight plans to open this month. Ken Bronwell of Vanguard Fine represented the tenant, and Chris Giunta
Buffalo Apartment Market - Long-term investors should always be interested in needs-based hard asset...
June 10, 2025
After rising to near 5% and falling back down to 3.6% in the last year the ten-year treasury note has stabilized in a range around 4% even with the recent turmoil over new import tariffs, significantly higher than four years ago. More interest rate cuts look to be unlikely this year
Mag Mile Capital closes $14.5 million CMBS financing for Marriott Rochester Airport
May 13, 2025
Rochester, NY Mag Mile Capital, Inc. closed $14.5 million in CMBS financing for the Marriott Rochester Airport. The financing was structured with a 65% loan-to-value (LTV) ratio, a five-year loan term, and a 30-year amortization schedule with two years of interest only. The non-recourse loan
CBRE Upstate NY leases 160,000 s/f
office space at Genesee Towers
April 8, 2025
Buffalo, NY CBRE Upstate NY, an affiliate of CBRE, and ORION Office REIT Inc. secured the lease of 160,000 s/f of office space to Ingram Micro as the first tenant to sign on at the rebranded Genesee Towers at 257 West Genesee St.
RAC NYSCAR announces 2025 Board of Directors and welcomes two new board members
December 31, 2024
The Rochester Area Chapter of the New York State Commercial Association of REALTORS® (RAC NYSCAR) announced two new Board Directors for 2025: Andrew Gearhart of CBRE Upstate NY and Colleen Wightman of Realty ONE Group Spark
Rochester Area Chapter NYSCAR awards notes
December 10, 2024
Rochester, NY Meritorious Service: Meritorious Service Award is given to an individual that has gone beyond the call of duty, serving the RAC NYSCAR and its members. I have had the good fortune of being on the board of directors of NYSCAR with this individual. He’s always willing to lend a helping hand.
Developing Rochester: Fulfilling the promise of local development: Co-creating the future of Rochest...
November 12, 2024
The Rochester Economic Development Corp. (ROCEDC, formerly known as REDCO) is a not-for-profit local development corporation formed by the city of Rochester in 1983. Originally managed by a volunteer board and city staff, the initial aims of the agency
Developing Rochester:
Victor Crossing
November 12, 2024
Victor, NY The Benderson-owned Victor Crossing is a thriving retail hub, ideally located on SR 96 and adjacent to the Eastview Mall. Anchored by Walmart and HomeGoods, the center is a popular shopping and dining destination for both local residents and visitors.
Developing Rochester:
Marketplace Senior Apartments
November 12, 2024
Henrietta, NY Cornerstone and Genesis Housing Development Corp. are co-developers for Marketplace Senior Apartments, a newly constructed 150-unit senior supportive housing building. It is located on the Marketplace Mall campus in the Town of Henrietta
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