CTG Finds a New Home In Amherst

Thu, Aug 27th 2020 11:00am

James Fink
Buffalo Business First

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. CTG had been looking for new sites since selling its headquarters — the former Knox Mansion — to Colorado investors two months ago.

Sites in Buffalo and the surrounding suburbs were considered, said John Laubacker, CTG (NASDAQ: CTG) executive vice president, CFO and treasurer.

“We have a pretty diverse workforce when it comes to where they live,” Laubacker said. “That’s why we looked at so many places,”

Laubacker said he hopes to be in CTG’s new offices by later this year.

“For us, this is a great next step,” Laubacker said.

Ed McGinn from Ciminelli Real Estate Corp. brokered the deal.

CTG has over 70 employees in Buffalo but sometimes ithe count balloons to 100 workers, Laubacker said. Those were all pre-pandemic numbers.

Knox Mansion Condos LLC of Centennial, Col. paid $2.475 million for CTG’s headquarters at 800 Delaware Avenue. Sources said Knox Mansion Condos is considering a residential conversion of the mansion.