Ciminelli had purchased the 14,548-square-foot facility in late 2015 for $2.185 million, citing its proximity to its Conventus Building and the larger Buffalo Niagara Medical Campus, with the potential for more development. The Buffalo-based firm even tried to negotiate with Salvation Army to purchase its nearby building but the discussions fell through, in part because the nonprofit would have needed a new location.
Krajna said the agency has since conducted a program study in the community to evaluate what services were needed and where, and how Salvation Army should react. That study identified a need for more affordable housing and a food pantry, along with other services in the neighborhood where it was already situated.
Krajna said Salvation Army financed the deal through investment income and “some very generous” donations and bequests it received within the last year.
In other recent deals, according to documents filed with the Erie County Clerk’s Office:
• Life Storage completed its $12.53 million purchase of 400 and 410 Kenmore Ave. and 39 Seattle St. in North Buffalo from Dash’s Market owner Joe Dash. Life Storage, which already converted the former Budwey’s Market at the site into a self-storage facility, plans to erect a second one across the parking lot.
• A Southern California firm, Summit Equity Investments of Studio City, bought a pair of apartment buildings last month for over $10 million. The company paid $7 million through two limited liability companies to buy the four-story apartment building at 1040 Delaware Ave., and $3.4 million to acquire the Village Square Apartments at 6551 East Quaker St. in Orchard Park from James F. Jerge Jr.’s 6551 Quaker LLC. Formerly the vacant Lutheran Nursing Home until a 2013 renovation by Greenleaf & Co. and Paul Kolkmeyer’s Priam Enterprises, the Delaware Avenue building has 49 one- and two-bedroom apartments and 2,000 square feet of office space.