First Niagara Bank, a financial services company headquartered in Pendleton, NY, owned approximately 120 branches in 23 counties across New York State.
Key Center and Bank of America Building - Buffalo, NY
Key Center At Fountain Plaza and Bank of America Building are adjacent Class-A Office buildings located on the 500 block of Main Street, joined by an enclosed walkway. The buildings are in the heart of the central business district of downtown Buffalo, New York.
The objective of the institutional owner of the 106,000 sf medical office building was to increase occupancy to enable profitable disposition of the property.
The 95,000 sf, class A suburban office building was purchased at a discount by the owner whose objective was to increase occupancy, cash flow and resulting value of the asset.