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Touring Commercial Real Estate Sites in WNY

Summer is the time for road trips.  The Invest Buffalo Niagara team recently visited our partner Jim Pierce in Wyoming County.  InBN relies on our engagement with our local partners to stay on top of the assets and advantages to be found in our eight county area we market.

During this most recent visit, we toured available land and buildings in Arcade, NY.  Just over the border from Erie County to Wyoming County, Arcade has a distinct advantage of being a municipal power district – having their own source of low-cost power. Arcade is home to some of the largest industrial operations in Wyoming County due to the availability of affordable power, including Koike Aronson, Prestolite and API Air Tech.

Potential sites for future industrial operations include:

This 4.28-acre vacant land is located in Arcade’s Municipal Electric District with one of the lowest rates in New York and is potentially a ‘START-UP NY tax free site’.Steele Avenue Site This 4.28-acre vacant land is located in Arcade’s Municipal Electric District with one of the lowest rates in New York and is potentially a STARTUP NY tax free site.

 

 

 

 

steele and obrien

 

Steel & O’Brien Formerly used for the manufacturing of machine stainless steel fittings for the food and pharmaceutical industry, this metal construction building is situated on 7 acres with 7 drive-in doors. The building features office space with HVAC, manufacturing space and warehouse space.

 

With the Buffalo metro area’s industrial real estate market vacancy trending down and at a historical low of 4.5 percent, it is important to identify inventory for both new prospects and locally growing companies. Staying in touch with our local partners is an important part of understanding our assets and being able to fulfill our mission of bringing new investment to region.

Lorrie Abounader, Business Development Manager