Donovan News

70,000 SF Building Sold in Record Time

From under contract to the closing table in twelve days

Donovan Real Estate Services—representing the seller, Cofinance Group—brokered the sale of the former Gander Outdoor building in Buffalo’s Youngmann Plaza to Tru Storage for $4,500,000. This was the quickest closing in our 25+ years in real estate. We went from under contract to the closing table in just twelve days to meet the requirements for a 1031 exchange. We used our professional network to bring in Brian Attea, a Buffalo-based attorney experienced in 1031 exchanges to get this deal closed without delay. Down to the wire is an understatement for how close this deal was to the deadline, but it was an exhilarating finish and one we’re happy to provide any client looking to buy or sell regardless of their timeline.

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