Ciminelli seeks expansion out of town for faster growth
In the last few years, Ciminelli has made six acquisitions in Massachusetts – including four in the last 12 months. It’s purchased buildings in Northborough, Marlborough, Foxborough and Andover. Most recently, the firm teamed up with restructuring and investment firm...
Ciminelli Real Estate adds to Massachusetts real estate portfolio
Ciminelli Real Estate Corp. has added another property to its Massachusetts portfolio. Buffalo-based Ciminelli acquired an office complex at 181 and 187 Ballardvale St. in Wilmington, Mass., outside of Boston, in a joint venture with Gordon Brothers, a Boston-based...
Looking to Move Your Office? 6 Reasons You Need Tenant Representation Services
Problem: Your office lease has expired, and the market has changed since you signed your last lease. Your business has grown substantially in the last 5 years, you’ve developed a clientele that is based mainly in Downtown Buffalo and, quite frankly, you’re...
A Day in The Life of a Property Manager
What is a property manager? The variety of responsibilities associated with property management leads to days that are far from routine; it is arguably what makes the job so exciting. Property managers manage buildings. Their work is all about producing the best...
Ciminelli Real Estate acquires Andover building, its 5th acquisition in Massachusetts
The sale price was $12,400,000 for the 78,000 square-foot office building and 8.6-acre site. Ciminelli Real Estate Corporation executives Christopher Neelon, Managing Director – Massachusetts Investments, Boston, MA, and Ryan Zebro, Vice President of Investments,...
From surface parking to affordable apartments: 201 Ellicott is complete
Six years after the city set its sights on redeveloping a vacant parking lot on Ellicott Street in downtown Buffalo – and two years after Ciminelli Real Estate Corp. began its $76 million project on the site – a seven-story building with 201 affordable apartments is...
Newmark Ciminelli brokers $30.5M Royal Oak Realty Trust acquisition of 278,294 s/f portfolio
Newmark Ciminelli’s brokerage services team completed a sale transaction involving the acquisition of J.W.D. Group’s (JW Danforth) six-building portfolio by Rochester-based Royal Oak Realty Trust. The portfolio, totaling 278,294 s/f, consists of manufacturing,...
Braymiller Market slated to open in downtown Buffalo
Braymiller Market owner Stuart Green said he hopes his new store at the corner of Ellicott and Clinton streets will be ready by “the start of the strawberry season” in late spring, close to the original projected time for completion of the...