Business
Treetop Companies Acquires Inducon Business Park from Time Equities in Strategic Buffalo Industrial Expansion
BUFFALO, N.Y., July 03, 2025--Treetop Companies, a privately held real estate investment firm with a growing national industrial footprint, has announced the acquisition of Inducon Business Park, a 12-building, 293,962-square-foot light industrial campus adjacent to Buffalo Niagara International Airport, from Time Equities, Inc. The sale was brokered by Joe Hill of CBRE.
About this update from Cbre Group Inc
[{"type":"text","content":"BUFFALO, N.Y., July 03, 2025--(BUSINESS WIRE)--Treetop Companies, a privately held real estate investment firm with a growing national industrial footprint, has announced the acquisition of Inducon Business Park, a 12-building, 293,962-square-foot light industrial campus adjacent to Buffalo Niagara International Airport, from Time Equities, Inc. The sale was brokered by Joe Hill of CBRE.","length":390,"tagName":"p"},{"type":"text","content":"The Inducon Business Park portfolio, situated in Williamsville, NY, offers direct access to I-90 and proximity to 167 million consumers within a one-day drive. The property is 94.4% leased, with a significant value-add opportunity in a fully approved redevelopment of a ±38,000 SF vacant building into a 60,000 SF last-mile distribution facility.","length":346,"tagName":"p"},{"type":"text","content":"Treetop Companies Principal Adam Mermelstein highlighted the strategic advantages of acquiring shallow bay warehouse assets like Inducon:","length":137,"tagName":"p"},{"type":"text","content":""Shallow bay industrial product provides strong leasing momentum, flexibility for smaller and mid-sized tenants, and insulation from supply risk. The location—directly adjacent to the Buffalo International Airport with unmatched highway access—makes this site incredibly valuable for last-mile and regional distribution."","length":331,"tagName":"p"},{"type":"text","content":"The transaction also marks a continued push into industrial expansion for Treetop. Principal Azi Mandel commented:","length":114,"tagName":"p"},{"type":"text","content":""Treetop continues to grow one of the most active value-add industrial portfolios nationwide. We’re acquiring everything from shallow bay to large Class B and Class A vacant industrial sites across the country. Inducon is a perfect addition—core location, stable income, and significant upside."","length":305,"tagName":"p"},{"type":"text","content":"This deal was completed in partnership with a major institutional partner, who joined Treetop in acquiring the asset as part of their expanding logistics-focused real estate investments.","length":186,"tagName":"p"},{"type":"text","content":"About Treetop CompaniesTreetop is a vertically integrated real estate firm investing across multifamily and industrial sectors. With a national footprint, Treetop target...