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Newmark Ciminelli represents tenant and major financial company, Wells Fargo, in two Buffalo-Area leasing deals
Mon, Feb 6th 2023 10:00 am
Newmark Ciminelli's brokerage services team recently completed two leasing transactions for the multinational financial services company, Wells Fargo. Wells Fargo engaged the team at Newmark Ciminelli to advise them on two of their existing Buffalo-area office locations, which ultimately led to two lease transactions for new locations.
Ciminelli Starts Selling Bethune Lofts As Condos
Fri, Jan 27th 2023 06:00 am
After receiving state approval this month to proceed with a condo offering, Ciminelli Real Estate Corp. has begun marketing for sale the 87 apartments at its Bethune Lofts project on Main Street, in one of the biggest condo conversion projects in the city. The Buffalo-based developer will convert the renovated former Buffalo Meter Co. Building into privately owned apartments, capitalizing on growing interest not only in living in the city - particularly along the Metro Rail line - but also in direct ownership.
Ciminelli Real Estate and Gordon Brothers acquire 151,564 s/f property in Billerica, MA for $18.2 million
Tue, Nov 15th 2022 09:00 am
Ciminelli Real Estate Corp., in a joint venture with Boston-based Gordon Brothers, has acquired a 151,564 s/f research and development building for $18.2 million.
Gordon Brothers and Ciminelli Real Estate acquire 93,500 s/f building for $19.8 million
Mon, Jul 11th 2022 07:00 am
Andover, MA Gordon Brothers, in a joint venture with Ciminelli Real Estate Corp., has acquired a 93,500 s/f research and development building on 7.4 acres for $19.8 million.
Startup Spotlight: Whose Your Landlord finds support in Western New York
Fri, May 27th 2022 07:00 am
During the height of Covid-19 pandemic lockdowns, staff at The Sinclair apartments partnered with the startup Whose Your Landlord to send a satisfaction survey to residents.
Ciminelli sells Muir Woods parcel to student housing developer for $8.5M
Tue, Feb 15th 2022 06:00 am
The Texas developer that plans to construct 1,800 beds of student housing in Amherst's Muir Woods has taken possession of the 42 acres needed for the project.
Ciminelli seeks expansion out of town for faster growth
Thu, Feb 3rd 2022 08:00 am
Except for its professional football team, Paul Ciminelli loves eastern Massachusetts. The region surrounding Boston has long had a growing population and strong demographics. It's a hotbed of innovation and technology, with "probably the most dynamic education structure in the country." And it has a blend of old and new - both economically and architecturally. "I've always admired the greater Boston area," said the owner of Ciminelli Real Estate Corp. "It's kind of been an anomaly for the Northeast." That's also why Ciminelli is buying office buildings and other properties in the Boston area to broaden his Buffalo-based firm's holdings in a faster-growing marketplace. "We're always looking to diversify," Ciminelli said. "We have investment funds that are partners of ours that are always looking to diversify. We have to prove to them that we have a strong enough operating platform that they feel comfortable investing."
Ciminelli Real Estate adds to Massachusetts real estate portfolio
Fri, Jan 28th 2022 07:00 am
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 real estate investment firm.
Ciminelli Real Estate Acquires Andover Building, its 5th Acquisition in Massachusetts
Mon, Dec 6th 2021 08:00 am
Ciminelli Real Estate Corporation, a full-service real estate services firm with a commercial real estate portfolio of over 23 million square feet of owned, managed and developed real estate, announced that it closed on the purchase of 6 Riverside in Andover, MA.
From surface parking to affordable apartments: 201 Ellicott is complete
Thu, Oct 21st 2021 07:00 am
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 ready for its first occupants.
Newmark Ciminelli brokers $30.5m Royal Oak Realty Trust acquisition of 278,294 s/f portfolio
Fri, Oct 8th 2021 10:00 am
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.
Braymiller Market slated to open in downtown Buffalo
Fri, May 7th 2021 07:05 am
Downtown Buffalo's first grocery store focused on fresh produce is expected to open in less than two months across from the Central Library, employing about 60 city residents.
Buffalo-Based Ciminelli Real Estate Acquires Third Building in Greater Boston Market
Wed, Feb 17th 2021 11:00 am
Buffalo, NY — Ciminelli Real Estate Corporation, a Buffalo, NY-based full service real estate services firm with a commercial real estate portfolio of over 23 million square feet of owned, managed and developed real estate, announced that it closed on the purchase of 100 Foxborough Boulevard in Foxboro, MA. The sale price was $6,000,000 for the 64,319 square-foot (sf), 2- story office building and 6.46 acre site.
Ciminelli affiliates with Newmark Group for national brand
Thu, Dec 17th 2020 07:00 am
Ciminelli Real Estate Corp. has taken on a national partner for its brokerage services for the first time, affiliating with Newmark Group under the bigger firm's global umbrella.
Ciminelli Real Estate expands in suburban Boston
Tue, Oct 6th 2020 03:00 pm
For the second time in the last year, Ciminelli Real Estate Corp. has acquired a multi-tenant office building in suburban Boston.
CTG Finds a New Home In Amherst
Thu, Aug 27th 2020 11:00 am
Ed McGinn, broker at Ciminelli Real Estate Corporation, negotiated the deal that found CTG their new corporate home.
Gronk's NexGen Fitness Taking Fountain Plaza Space
Wed, Aug 19th 2020 08:00 am
NexGen Fitness and NexGen Recovery are taking 3,824 square feet of space in the first-floor lobby of 40-50 Fountain Plaza. The lease with Ciminelli Real Estate Corporation expands NexGen Fitness' growing footprint, and delivers exciting health and fitness related services to tenants of 40-50 Fountain Plaza, and others that live and work in Downtown. NexGen Fitness currently has ten locations in Texas.
Jemal names Ciminelli Real Estate to handle Seneca One tower leasing
Tue, Aug 11th 2020 03:15 pm
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.
Serendipity Labs to open upscale on-demand office space in Seneca One Tower
Fri, Aug 7th 2020 01:00 pm
Serendipity Labs, which offer safe, secure and on-demand offices for companies of all sizes, has signed a 10-year lease with Douglas Development to open a location at Seneca One Tower, Buffalo's tallest building. Kyle Ciminelli, our Executive Vice President, was the broker for Serendipity Labs.
Using Capital Improvements to Create Competitive Advantage in the COVID-19 Era
Wed, Aug 5th 2020 10:05 am
This brief evaluates the merits of frequently discussed capital investments and their potential to create durable competitive advantages. It draws from an analysis of recent coverage in commercial real estate trade publications, as well as conversations with seven industry practitioners that took place in June 2020.
Going Up: Two Buffalo Developments Making Head Way
Thu, Jul 30th 2020 01:00 pm
Progress continues on 201 Ellicott and The West End.
Back to Business: Clear Message Matters Most
Fri, Jun 5th 2020 11:00 am
Ciminelli Real Estate Corp. is among the property-management companies adding adhesive disinfectant strips to door handles in common areas. The NanoSeptic devices are self-cleaning and come in a variety of shapes and textures, including some that are gel-like.
Construction Watch: The West End
Fri, Mar 27th 2020 11:00 am
Work is continuing on Ciminelli Real Estate Corporation's The West End project in Waterfront Village.
Buffcast: Interview with developer Paul Ciminelli
Tue, Feb 25th 2020 01:00 pm
I recently invited Paul Ciminelli (Ciminelli Real Estate Corporation) to sit down at our offices to conduct a podcast, so that we could discuss a number of issues related to development in Buffalo. Over the past year, Paul has repeatedly put a bug in my ear that BR should be getting on the podcast bandwagon. I finally got my act together, along with a microphone.
Construction Starts on Downtown Grocery, Apartments
Tue, Jan 28th 2020 03:00 pm
The first pieces of the new residential project and urban grocery on Ellicott Street are starting to take shape as Ciminelli Real Estate Corp. moves forward with environmental cleanup of the site and the structural work.
University Professional Center Redevelopment Complete
Wed, Dec 18th 2019 03:00 pm
Spearheaded by the Ciminelli Real Estate Services of Florida team, the University Professional Center's redevelopment project was awarded a grant through the Redevelopment Incentives for the County's Redevelopment Incentives for Pilot Project Areas (RIPPA), the first project to receive such funding in the University Targeted Redevelopment area.
Why Kyle Ciminelli left New York City for Buffalo
Tue, Nov 12th 2019 11:00 am
Kyle Ciminelli's story is a familiar one. A Buffalo Niagara native and millennial goes off to college and starts a career in another city only to decide to return home.
All in: Real estate firm pivots from management to ownership
Mon, Oct 28th 2019 07:00 am
Is it better to manage a commercial property or to own it? For the Tampa-based Florida division of Ciminelli Real Estate Services, a firm headquartered in Buffalo, N.Y., the answer is simple: Why not both? 
Ciminelli Expands to Boston Market With Property Acquisition
Thu, Oct 3rd 2019 01:00 pm
Ciminelli Real Estate Corp. is making waves in eastern Massachusetts, with the first of what it says will be many purchases in the Boston marketplace.
Ciminelli Kicks Off Construction on West End Townhome Project
Fri, Sep 13th 2019 09:40 am
Ciminelli Real Estate Corp. will kick off construction on its new West End townhouse project in the Waterfront Village on Thursday, bringing 20 new for-sale residential units to one of the last remaining large parcels in that neighborhood.
Flint Forages Its Way to Fountain Plaza
Mon, Jul 1st 2019 01:00 pm
The food scene in Downtown Buffalo continues to heat up. This time it's 50 Fountain Plaza that's seeing some action, in the form of Flint!
Ciminelli Gets Final Approval for 201 Ellicott Market, Apartment Project
Tue, May 21st 2019 09:00 am
201 Ellicott received a unanimous vote in favor of site plan approval.
Planning Board Passes Mixed Use Project at 201 Ellicott
Tue, May 7th 2019 09:00 am
Development plans are moving forward for a major project at 201 Ellicott in Buffalo.
Fresh Food Market Cornerstone of 201 Ellicott Development
Thu, Mar 21st 2019 10:00 am
Braymiller Market, a Southtowns' retailing destination known for its produce and specialty foods, will serve as the market anchor for Ciminelli Real Estate Corp.'s mixed-use development on Ellicott Street.
Fitness360 to Open in The Mentholatum
Thu, Jan 24th 2019 04:00 pm
Ciminelli Real Estate Corporation has a tenant for commercial space at The Mentholatum. 
Waterfront Neighbors' Requests Draw Ire of Buffalo Planning Board
Wed, Dec 5th 2018 11:00 am
Buffalo Planning Board members approved a series of changes to Ciminelli Real Estate Corp.'s West End townhouse project Monday evening, but not before expressing their exasperation - not with the developer, but with the neighbors. Ciminelli officials returned for modifications to its $20 million proposal that was already approved in July, after four years of back-and-forth negotiations and months of public battles with Waterfront Village residents.
The West End Project Redesigned to Meet Neighbor Concerns
Thu, Jul 5th 2018 08:00 am
In an effort to appease neighbors' objections, Ciminelli Real Estate Corporation has once again revised its plans for a residential project in Waterfront Village.
West End residential project planned for Waterfront Village
Fri, Jan 12th 2018 02:00 pm
After spending more than three years meeting with Waterfront Village residents and tweaking development plans, Ciminelli Real Estate Corp. is proposing an upscale townhouse/condo project that not only meets various Buffalo codes but also addresses issues raised during the neighborhood sessions.
Developer Adds More Land For Planned Muir Woods
Wed, Dec 6th 2017 03:00 pm
Ciminelli Real Estate Corp. has acquired a nearly 15-acre Campbell Boulevard parcel from the Williamsville Central School District for part of The Preserve at Muir Woods residential development.
Moving forward: Mentholatum to welcome first tenants in January
Mon, Aug 21st 2017 03:00 pm
With construction work nearly 65 percent complete, Ciminelli Real Estate Corp. has started its initial marketing phase of the Mentholatum, an upscale, market-rate apartment complex set for Niagara Street.

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