Back in January, we looked at the residential components of Sinatra & Co.’s mixed-use Mid-City development project. Today, we’re taking a look at the commercial component of the building, which is presently in its raw form. I spoke with Rod Nagy from Pyramid Brokerage Company, who told me that the currently-raw, available commercial spaces range between 1600 to 4900 square feet. Along with some details on the spaces, he sent along some images of the exposed brick and the historic details of the spaces, which are innately appealing. The hope is that future tenants might utilize the brickwork and the unusual columns in ways that will highlight the building’s natural beauty. At the same time, the world is their oyster – Nagy reminded me that there’s no way of telling what sort of business will eventually occupy the spaces, and what their needs and aesthetics will be.
“The potential for these types of spaces is limitless,” said Nagy. “From my experience, the first thing that someone does when they walk into a space is they breathe in – it’s a natural response. Next thing they do is visually take in the space. And finally, they connect with the space, to see if it has ‘heart.’ These are the types of buildings that evoke passion from people, with the brick, the terrific columns, exposed ceilings, etc. It’s nice to see that these 5 spaces are not ‘vanilla boxes’ at this stage, because they offer so much potential. It’s best to leave it up to the future tenant, whether a space should be finished, or left with exposed architectural details.”
- 5 unique layouts with exposed brick and historical details
- Commercial spaces from 1600 to 4900 square feet
- Close proximity to Canisius College, Buffalo Medical Campus, Elmwood Village, and Allentown
- Opportunity for a completely custom buildout in and up and coming area
- Easy access to the 198, NY 33 and I-90
- Tenant Improvement allowance and potential rent abatement available
- Commercial spaces lease for $13-$18 per square foot depending on length of lease, build out, etc.
- Parking lot out front for the commercial spaces and more parking in the back – off street parking for residential tenants
Currently, between 60-70% of the 50 residential units have been spoken for. Of course, filling the commercial units below will act as additional draws and anchors for residential tenants. Now, that the residential units are filling up, it’s time to seek out future commercial tenants that will become part of the ‘story’ of the Mid-City building.
Get connected: Rod Nagy | Pyramid Brokerage Company | 716-852-7500 x130 | rnagy@Pyramidbrokerage.com