Upstate New York's largest executive recruiting firm has sold its former Village of Williamsville office building to a local investor.
An entity called 5900 Main LLC paid $400,000 to buy a Class C office building at 5900 Main St., a block west of Williamsville South High School, from CLM Real Estate Partnership.
The buyer is Susan Pleskow, wife of attorney Stephen J. Schop. He will occupy the second floor for his small boutique law firm, which specializes in real estate law. He is moving from leased space in Sheridan Meadows Corporate Park-South.
"I just thought it made a lot of sense to invest in an area where we have family and friends," he said. "It's a nice building. I need a place to work, and it's easier to pay my wife rent than somebody else."
He and his wife plan to lease out the first floor, with 1,800 square feet, which he called ideal for a small law, accounting, consulting or insurance firm.
The seller is an entity registered to the offices of Cochran Cochran & Yale LLC, a 32-year-old recruiting firm in Rochester that operates nationwide and formerly had its Buffalo office in the building, led by principal Walter Critchley.
Critchley and Cochran President and CEO Gary M. Baker are partners in CLM Real Estate. Critchley was also a partner in Cochran and in the affiliated TAP Personnel business, which also operated in the building but is no longer involved in those, Baker said.
Baker said he closed both Buffalo businesses in 2010 because of economic conditions and the ability to work remotely with technology without needing brick-and-mortar offices. He consolidated the Cochran operation back into Rochester, while ceasing operation of TAP altogether. He said TAP's market in temporary staffing had "just crumbled in Buffalo."
The 3,568-square-foot, two-story, red brick building, which sits on a quarter-acre, is assessed at $353,200, according to Amherst town assessor records. Built in 1932, it has also housed other businesses besides Cochran.
"It's beautifully built out. They put a ton of money into it in 2007," Schop said. "It's nice to see people investing in this town."
In another transaction, North Forest Office Space sold four condos at 636 North French Road in Amherst to 636 North French Road LLC.
The condos, located in the West Amherst Office Park at Sweet Home Road, have a total of 5,900 square feet, and will be used for professional office space by the buyer, said Phil Pantano, spokesman for North Forest. He said he did not know more about the buyer, who could not be further identified.