Insights
Ciminelli completed its sale of the land within Muir Woods to Aspen Heights Partners of Austin, Texas, for $8.5M, which will enable the student-housing developer to move forward with its $83.3M project, a residential complex of cottage and townhouse-style units with two to five bedrooms in each, plus a clubhouse.
1 min
While we have experienced success in many different areas of development and redevelopment, Ciminelli has always valued creating mixed-use development in Buffalo because of its ability to strengthen community ties, make commutes easier, and give businesses a prime location for success. Learn more about the benefits of mixed-use development, specifically in Buffalo, NY.
3 min 7 sec
Recently, Ciminelli teamed up with restructuring and investment firm, Gordon Brothers, to buy two Class B office buildings in Massachusetts. In all, Ciminelli now has nearly 500,000 SF of space in the Boston area, with aspirations for more.
2 min 15 sec
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.
30 sec
Looking for commercial office space? Consider these 6 reasons why you may benefit from tenant representation services.
3 min 6 sec
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. Let's explore a day in the life of a property manager and what it entails.
3 min 21 sec
“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.
1 min
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.
3 min 49 sec
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.
1 min
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.
3 min 29 sec
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.”
53 sec
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.
2 min
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.
30 sec
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.
46 sec
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.
1 min 51 sec
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.
1 min 56 sec
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.
1 min 44 sec
Building owners are actively considering capital improvements that may reduce the transmission of COVID-19, such as HVAC system upgrades, UV lighting technologies, antimicrobial building materials and touchless technologies.
9 min 11 sec
Crews deal with high temperatures while working to complete two Ciminelli developments, the 201 Ellicott Project and The West End.
1 min 46 sec
Ciminelli is among the companies adding adhesive disinfectant strips to door handles in common areas. “When organic material comes in contact with it, like this virus, it starts going to town and starts an oxidation process that destroys the organic material,” said Chris Keenan, Sr. VP of Property Management at Ciminelli.
1 min 5 sec