News & Media
We’re proud to be recognized for our work shaping communities, supporting business growth, and advancing thoughtful development projects. From major redevelopment initiatives to tenant expansions and industry insights, our team continues to play a role in projects that are helping our community move forward. Explore some of our recent media coverage below:
Ciminelli seeks expansion out of town for faster growth
Recently, Ciminelli teamed up with restructuring and investment firm, Gordon Brothers, to buy two Class B office buildings in Massachusetts.…
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Ciminelli Real Estate adds to Massachusetts real estate portfolio
Ciminelli acquired an office complex at 181 and 187 Ballardvale St. in Wilmington, Mass., outside of Boston, in a joint venture with Gordon Brothers. The companies paid $33.75 million for the complex, which has 210,945-square-feet of office space and 15.38 acres of land.
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Ciminelli Real Estate acquires Andover building, its 5th acquisition in Massachusetts
“The acquisition of 6 Riverside brings Ciminelli's Massachusetts portfolio to a total of 274,142 SF, and is a continuing signal to the market and investors of our desire for growth in the Greater Boston market," stated Ryan Zebro, VP of Investments at Ciminelli.
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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, Ciminelli's $76M project on the site, a seven-story building with 201 affordable apartments, is ready for its first occupants.
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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.
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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 20,000-square-foot project.
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Buffalo-based Ciminelli Real Estate acquires third building in Greater Boston Market
Ciminelli Real Estate Corporation Vice President of Investments Ryan Zebro stated, “The acquisition of 100 Foxborough marks Ciminelli’s third acquisition in the Greater Boston market. Our team is committed to delivering quality ownership and management to this area.”
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Ciminelli affiliates with Newmark Group for national brand
The real estate brokerage group at Ciminelli, led by Executive Vice President Kyle Ciminelli, will operate as Newmark Ciminelli, offering services in the Western New York market. The alliance will also help Ciminelli with its efforts to expand its brokerage efforts into Southern Ontario markets.
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Ciminelli Real Estate expands in suburban Boston
Ciminelli Real Estate Corp. has acquired a multi-tenant office building in Northborough, MA. "It fits right into our wheelhouse," said Paul Ciminelli, President and CEO.
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CTG Finds a New Home In Amherst
Just a few months after selling its Delaware Avenue headquarters, Computer Task Group has found a new corporate home. CTG has leased 20,000-square-feet in Uniland Development Co.'s 300 Corporate Parkway building.
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Gronk’s NexGen Fitness taking Fountain Plaza space
NexGen Fitness is expected to open at 40-50 Fountain Plaza this fall. In addition, NexGen Fitness is unveiling NexGen Recovery, a revolutionary addition to the private training, offering recovery and rejuvenation in infrared saunas and a state-of-the-art salt room.
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Jemal names Ciminelli Real Estate to handle Seneca One tower leasing
Douglas Jemal's Douglas Development Corp. has hired Ciminelli Real Estate Corp. to manage Seneca One tower and fill up its commercial space, taking another step forward in its effort to remake Buffalo's tallest skyscraper.
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Serendipity Labs to open upscale on-demand office space in Seneca One Tower
A national provider of upscale flexible office space is coming to Seneca One Tower. Serendipity Labs, which offers safe, secure and on-demand offices for companies of all sizes, has signed a 10-year lease to open a new location in Buffalo's tallest building.
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