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Author Archives: Andrea Deckert

REIT makes $285.3 million in acquisitions in Q4

Broadstone Net Lease Inc. announced Monday it had fourth-quarter acquisitions of $285.3 million, as the real estate investment trust acquired 66 properties in seven transactions.

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Meetings to focus on Inner Loop development parcels

The city of Rochester’s Department of Neighborhood and Business Development  plans to hold two public meetings next week to discuss the development parcels that are to become available as the Inner Loop East Project nears completion.

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Constellation tops Q3 estimates, to build $1.5 billion brewery

Beer continues to be big—and growing—business for Constellation Brands Inc., with the Victor, Ontario County-based alcohol beverage provider posting Thursday morning increases in its third-quarter profit and sales.

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UR gets grant to support photonics research

The University of Rochester has been awarded $411,738 to support its photonics research efforts, U.S. Congresswoman Louise Slaughter, D-Perinton, announced Wednesday.

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Broadstone Net Lease buys Red Lobster properties for $74.4M

Broadstone Net Lease Inc. announced Tuesday the acquisition of 18 Red Lobster properties in 14 states. The properties were purchased through two separate sale-leaseback transactions for some $74.4 million.

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Photonics ranks as top story

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Photonics was king in the Rochester area in 2015, according to surveys taken at year-end by the Rochester Business Journal. Rochester’s selection as the headquarters site for the $600 million American Institute for Manufacturing Integrated Photonics topped both newspaper readers ...

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Analysts expect more growth from Constellation Brands

Analysts expect Constellation Brands Inc. to report year-over-year increases in its third-quarter sales and profit when the wine, beer and spirits business announces its financial results Thursday, Jan. 7. Analysts polled by Thomson Reuters expect the Victor, Ontario County-based Constellation ...

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TempleSox succeeds by dressing up eyewear

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Dave Spampinato did not have that one “aha” moment when he decided to launch his own business. The longtime eyeglass wearer, who owns a number of different pairs, spent a considerable amount of time building a plan and developing his ...

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Development in Canandaigua set for ’17 opening

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Ground was broken in July on Phase One of Pinnacle North. That portion of the $120 million project is expected to open in early 2017. (Photos by Dave Witzel)   Work is on schedule at Pinnacle North, a mixed-use development ...

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Millions in improvements give boost to Iceplex

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GM Chris Woodworth: “There’s no other ice rink around that is talking about doing what we are doing.” (Photo courtesy of Bill Gray’s Regional Iceplex) More than $2.5 million in improvements over the past two and a half years at ...

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Photonics institute ranks as top news story of 2015

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Rochester’s selection as the headquarters site for the $600 million American Institute for Manufacturing Integrated Photonics topped both newspaper readers and editorial department staff lists as the top local business story of 2015.

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