Creating Value

Ciminelli’s development, ownership and management of several million square feet of commercial real estate, reveal the deep understanding our real estate professionals have of the fundamentals of real estate value creation.

For more than 35 years, our owner’s perspective on real estate has yielded deep industry relationships, expertise, and a track record of delivering value to our clients.  Our roots as real estate developers and property and asset managers creates a competitive advantage when sourcing real estate investment opportunities, managing properties and working with capital partners.

Leveraging Our Team’s Experience

Ciminelli has evolved into a premier real estate enterprise encompassing multiple operating businesses and asset classes across seven states, with offices in NY, CT, PA, MA and FL.  Having operated throughout all market conditions and cycles, Ciminelli draws upon its broad reach and deep industry experience to generate attractive opportunities that consistently deliver value to our investment partners. Our team’s strength in a number of real estate disciplines lends itself to a value-add approach to investments.

Acquisition

Our broad deal-sourcing network and experienced real estate staff provide opportunities to create and manage a balanced and diversified portfolio. Ciminelli focuses on real estate assets that have the potential to generate current cash flow and opportunity to add value through leasing and repositioning strategies. We target an attractive risk-adjusted return consisting of a combination of current income and capital appreciation.

Acquisition

Management

With nearly 23 million square feet of real estate assets overseen by our team across 7 states, Ciminelli has the experience and insight to capitalize on industry relationships and efficiencies and create high-performing assets. Efficiencies, responsiveness, and proven processes drive the success of our management platform and therefore our investment returns.

Management

Brokerage

Ciminelli Real Estate Corporation offers brokerage services including tenant and landlord representation, investment sales, and consulting throughout WNY and Florida. Our experiences in shaping the commercial real estate market in the markets we serve, and the insights gained through decades in the industry, add significant value for clients who need help making their next real estate move. Additionally, the relationships we have formed with 3rd party owners create the opportunity to review many off-market deals.

Brokerage

Development

Ciminelli has a long history of community-focused real estate development across asset classes. Capitalizing on these capabilities is important when sourcing new opportunities and when working with strategic partners. Since 1981, Ciminelli has successfully developed or redeveloped hundreds of commercial and residential properties, coordinating the interests of all stakeholders, including surrounding neighborhoods, municipalities, regulatory agencies, tenants and investors.

Development

Investor Portal

Current investors can access Ciminelli’s web-based reporting platform to accessing various documents & reports related to your investments.

A real estate partner that sees the big picture

Sourcing of Acquisition Opportunities

With over 35 years of commercial real estate experience in the markets we serve, local experience and understanding, and a diverse network of third party owners, Ciminelli is in a position to deliver the expertise and off-market deals only a full service real estate team can provide.

Ciminelli’s qualifications:

  • Extensive market knowledge
  • Established relationships with active investment sales brokers
  • Leverage relationships with third party owners

Underwriting

Our real estate professionals in property management, development, brokerage and asset management work collectively to share their expert insight as it relates to opportunities. This comprehensive approach is paired with market intelligence and state of the art software to underwrite your prospective investment.

Ciminelli’s qualifications:

  • First hand in depth knowledge of market dynamics
  • Proficiency in Argus discounted cash flow analysis

Due Diligence Assistance

Our team of real estate experts will assist with all steps of the due diligence process.

Ciminelli’s qualifications:

  • Skilled and detailed lease abstraction practices
  • Proficient at assessing and benchmarking vendor contracts/operating costs
  • Ability to tap vendor relationships for quick and cost effective reports (PCA, Phase I) and cost estimates (parking lots, roofs, HVAC, etc.)

Operations

Our accredited team will administer the day-to-day operations & management of the asset, initiating value-enhancing practices from day one.

Ciminelli’s qualifications:

  • 23M sq. ft. portfolio
  • Comprehensive accounting and work order management systems

Disposition

When our team meets your investment goals, our team may recommend disposition of your asset and work to coordinate the process to maximize your return.

Ciminelli’s qualifications:

  • Recognized by industry associations including NAIOP, BOMA and CCIM
  • Numerous repeat clients and long term investment partners

100 Foxborough Boulevard

Foxborough, Massachusetts

$6M Acquisition

Property: 64,319 sq. ft. | Office

44 Bearfoot Drive

Northborough, Massachusetts

$5.7M Acquisition

Property: 44,124 sq. ft. | Office

33 Locke Drive

Marlborough, Massachusetts

$6.5M Acquisition

Property: 61,177 sq. ft. | Office

104 Otis Street

Northborough, Massachusetts

$3.15M Acquisition

Property: 26,522 sq. ft. | Industrial / Flex

6 Riverside Drive

Andover, Massachusetts

$12.45M Acquisition

Property: 78,000 sq. ft. | Office

181 & 187 Ballardvale Street

Wilmington, Massachusetts

$33.75M Acquisition

Property: 210,945 sq. ft. | Office/R&D

4100 W Kennedy Boulevard

Tampa, Florida

$8.75M Acquisition

Property: 46,077 sq. ft. | Office

3 Riverside Drive

Andover, Massachusetts

$19.82M Acquisition

Property: 93,500 sq. ft. | Office

2 Edgewater Drive

Norwood, Massachusetts

$24.5M Acquisition

Property: 98,157 sq. ft. | Office

880 Technology Park Drive

Billerica, Massachusetts

$18.2M Acquisition

Property: 151,564 sq. ft. | Office

Investments Contact

Why wait? Contact Us.

An investment isn’t just measured by the value of the asset; it’s measured by success of the team that handles it through the entire real estate cycle. Let us be that team – a partnership every step of the way