Treetop Companies Acquires Inducon Business Park from Time Equities in Strategic Buffalo Industrial Expansion

July 03, 2025 at 13:02 PM EDT

Treetop Companies, a privately held real estate investment firm with a growing national industrial footprint, has announced the acquisition of Inducon Business Park, a 12-building, 293,962-square-foot light industrial campus adjacent to Buffalo Niagara International Airport, from Time Equities, Inc. The sale was brokered by Joe Hill of CBRE.

The Inducon Business Park portfolio, situated in Williamsville, NY, offers direct access to I-90 and proximity to 167 million consumers within a one-day drive. The property is 94.4% leased, with a significant value-add opportunity in a fully approved redevelopment of a ±38,000 SF vacant building into a 60,000 SF last-mile distribution facility.

Treetop Companies Principal Adam Mermelstein highlighted the strategic advantages of acquiring shallow bay warehouse assets like Inducon:

“Shallow bay industrial product provides strong leasing momentum, flexibility for smaller and mid-sized tenants, and insulation from supply risk. 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 transaction also marks a continued push into industrial expansion for Treetop. Principal Azi Mandel commented:

“Treetop continues to grow one of the most active value-add industrial portfolios nationwide. 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.”

This deal was completed in partnership with a major institutional partner, who joined Treetop in acquiring the asset as part of their expanding logistics-focused real estate investments.

About Treetop Companies

Treetop is a vertically integrated real estate firm investing across multifamily and industrial sectors. With a national footprint, Treetop targets value-add and opportunistic assets with institutional-grade execution and entrepreneurial agility.