A Long Island-based developer has purchased the former Central Auto warehouse on Seneca Street and will renovate the facility for light manufacturing and commercial tenants.
Taylor Development Group, Inc. had been looking at Buffalo property for about seven months before settling on the Central Auto property, said Elliot Kugelman. No purchase price was disclosed.
"We looked at various properties, but we liked the Central Auto location," said Kugelman, president of Taylor Development. "The buildings were designed as a grain facility and are structurally very sound."
The three-acre property at Seneca and Hamburg streets includes four interconnected buildings totaling 500,000 square feet.
Kugelman's renovations will include new windows, new outside lighting, fencing the area behind the buildings and painting the exterior.
"We'll spend a few million dollars to renovate," said Kugelman.
Central Auto officially becomes Taylor Development property March 31, but Kugelman already is negotiating on a second, undisclosed Buffalo location. Stovroff & Herman-Deck Inc. is handling negotiations, as was the case with the Central Auto property.