WILLIAMSVILLE: Treetop Companies, a privately held real estate investment firm with a growing national industrial portfolio, has acquired Inducon Business Park, a 12-building, 293,962-square-foot light industrial campus adjacent to Buffalo Niagara International Airport. The seller was Time Equities, Inc., and the transaction was brokered by Joe Hill of CBRE.
Located in Williamsville, New York, the Inducon Business Park offers direct access to Interstate 90 and is within a one-day drive of 167 million consumers. The campus is currently 94.4% leased and includes a value-add opportunity: a fully approved redevelopment plan to convert a ±38,000-square-foot vacant building into a 60,000-square-foot last-mile distribution facility.
“Shallow bay industrial product provides strong leasing momentum, flexibility for smaller and mid-sized tenants, and insulation from supply risk,” said Adam Mermelstein, principal at Treetop Companies. “The location—directly adjacent to the Buffalo International Airport with unmatched highway access—makes this site incredibly valuable for last-mile and regional distribution.”
The acquisition underscores Treetop’s continued push into the industrial sector. Azi Mandel, also a principal at Treetop, noted the firm’s broader strategy.
“Treetop continues to grow one of the most active value-add industrial portfolios nationwide,” Mandel said. “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.”
The deal was completed in partnership with a major institutional investor, further expanding Treetop’s logistics-focused real estate holdings.
About Treetop Companies: Treetop Companies is a vertically integrated real estate firm investing across multifamily and industrial sectors. With a national footprint, the firm targets value-add and opportunistic assets, combining institutional-grade execution with entrepreneurial agility.