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Donovan News

Olean, NY Development Site Sold

Olean, NY – Donovan Real Estate Services has successfully brokered the purchase of a half-acre development site in Olean, NY, located in Upstate New York’s Southern Tier region. This site is slated to become a new Take 5 Oil Change facility, adding to the firm’s portfolio of successful developments.

In smaller markets like Olean, positioning is crucial as trade areas are tighter and competition is fierce. Donovan RES leveraged their market knowledge from several recent deals in Olean to identify the optimal location within the trade area. Utilizing their suite of technical tools, they were able to quantify the site’s potential and present it effectively to the Take 5 Oil Change developers.

This transaction underscores Donovan Real Estate Services’ expertise in site selection and their ability to deliver tailored solutions for their clients. Their commitment to thorough market analysis and strategic positioning ensures the success of their development projects.

Olean, NY Development Site Sold
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