Office for Sale in Buffalo, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Buffalo, NY 14202
Description
Exceptional views of Lake Erie and downtown Buffalo Spaces ranging from 4,500 SF and larger are available for lease at Genesee Towers, a LEED Silver office building offering sweeping views of Lake Erie and downtown Buffalo. The property consists of a six-story section to the north and an eight floor section to the south with direct access to a secure 1,500 space parking garage. 257 West Genesee Street has become a landmark in the heart of the city since its completion in 2007. The property is nestled between Buffalo‘s iconic Art Deco city hall and the Lake Erie waterfront. Among the spaces available for lease are a food service buildout with a large cafeteria and outdoor patio on the second floor as well as a former fitness center space adjacent to the visitor parking lot on the ground floor.
Market Context
This office in Buffalo, NY is listed for sale. It has been on the market for 148 days. Compare it against other office listings for sale in Buffalo, NY — <a href="/search/sale/office/new-york/buffalo">view the full market</a>.
As of Q4 2023, the Buffalo office market showed a 3.7% vacancy rate, and average asking rents near $7.85/SF/yr. Source: Cushman & Wakefield Q4 2023 market report.
Tight vacancy keeps competition for quality space elevated.
Office market FAQ
- Is the Buffalo office market tightening or softening?
- Vacancy is around 3.7% (Q4 2023).
Unified Estimate
Medium Confidence$31.03/SF – $41.98/SF
Mid: $36.50/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Lida Eberz · 716 855 3700 8708 · lida.eberz@cbre-buffalo.com
- Jeffrey LiPuma · 716 855 3700 · jeffrey.lipuma@cbre-buffalo.com
- Tom Roberts · 716 855 3700 8707 · tom.roberts@cbre-buffalo.com
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