McGuire Development
McGuire Development is a Buffalo-based, privately held commercial real estate firm offering development, AMO-certified property management, brokerage, and consulting across Western New York and South Florida, serving healthcare, educational, industrial, and commercial clients with over $360M in AUM.
- Company typePrivate
- Founded2006
- HeadquartersBuffalo, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What McGuire Development does
McGuire Development Co. is a privately held, full-service commercial real estate investment and development firm founded in 2006 by F. James McGuire and headquartered in Cheektowaga (Buffalo), New York, with a second office in Fort Lauderdale, Florida. The company operates across four integrated service lines — development and acquisitions (ground-up, adaptive reuse, historic rehabilitation, and build-to-suit), Accredited Management Organization (AMO)-certified property management in both New York and Florida, commercial brokerage, and real estate consulting — serving healthcare systems, educational institutions, commercial tenants, industrial users, and investors. Reported scale includes over $360 million in assets under management, approximately 1,000,000 square feet of property under management in Florida alone (with additional millions of square feet in New York), and a portfolio spanning office, medical, educational, warehouse, industrial, commercial, and residential asset classes.
The company's revenue model blends professional services fees (development and construction management, typically structured as a percentage of project cost or a fixed fee), transaction commissions (brokerage across sales and leasing), and recurring managed services revenue (property management contracts with third-party owners). Notable executed projects include The Rails (312-unit transit-oriented mixed-use, Buffalo), Harolds Square (12-story NYSERDA-certified mixed-use, Ithaca), Vintage Flats (33-unit adaptive-reuse apartments using historic and brownfield tax credits, Buffalo), and Compass East (150,000 SF Class A office conversion of the former Sheehan Memorial Hospital). Go-to-market is sales-led and relationship-driven, with executive leadership and an in-house brokerage team originating development and tenant-representation deals directly, supplemented by the NAI Global network for outbound co-brokerage reach.
The business is family-controlled with no external institutional capital or public listing, supported by a multi-office team of brokers, licensed property managers, project managers (including a licensed attorney specializing in tax-credit work), and maintenance technicians. The 2020 divestiture of McGuire Group Inc.'s healthcare businesses concentrated corporate focus on real estate, enabling subsequent expansion of the development pipeline, the Florida property management book, and a coordinated generational leadership transition.
McGuire Development firmographics
Firmographics- Name
- McGuire Development
- Legal name
- McGuire Development Co.
- Website
- https://mcguiredevelopment.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- McGuire Development is a Buffalo-based, privately held commercial real estate firm offering development, AMO-certified property management, brokerage, and consulting across Western New York and South Florida, serving healthcare, educational, industrial, and commercial clients with over $360M in AUM.
- Ownership category
- akta.pro rank
McGuire Development industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Commercial and Institutional Building Construction (23622), Commercial and Institutional Building Construction (236220)
- SIC
- Operative Builders (1531), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Housing Development, Construction & Rehabilitation Programs (BPAIANAB)
- akta.pro secondary industries
- State/Provincial Housing, Urban/Regional Planning & Community Development (BPAIABAM), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)
Keywords
Where McGuire Development is headquartered
LocationHeadquarters
- HQ city
- Buffalo
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
McGuire Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Development & Construction Management Fees: McGuire Development earns fees for managing commercial real estate development projects from concept through completion, including ground-up development, adaptive reuse, historic rehabilitation, and build-to-suit. Revenue is generated as a percentage of construction cost or as a fixed project management fee, with the company committed to delivering projects on time and on or under budget.
- Brokerage Commissions: The company's brokerage team earns commissions on commercial real estate sales and leases across office, retail, industrial, and land transactions in New York and Florida. Services include tenant representation, landlord representation, investment sales, and consulting.
- Property Management: As an Accredited Management Organization (AMO), McGuire Development generates recurring revenue managing commercial properties on behalf of third-party owners. The firm manages approximately 1 million square feet of property in Florida and manages additional square footage in New York, covering medical, office, industrial, retail, educational, and mixed-use properties.
- Real Estate Consulting: The company provides consulting solutions to help individuals, businesses, and investors make informed and strategic decisions in commercial real estate, including owner representation and real estate planning.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
McGuire Development product offering
Product offeringCore offering
McGuire Development is a full-service commercial real estate firm that provides development (ground-up construction, adaptive reuse, historic rehabilitation, build-to-suit), accredited property management (AMO-certified in NY and Florida), commercial brokerage (tenant and landlord representation, investment sales, leasing), and real estate consulting for property owners, investors, healthcare systems, educational institutions, and corporate tenants across Western New York and South Florida.
Product overview
McGuire Development Company is a full-service commercial real estate investment and development firm offering a comprehensive suite of services including development (ground-up, renovation, adaptive reuse, historic rehabilitation), property management (Accredited Management Organization AMO-certified in both New York and Florida), brokerage services, and consulting. The company operates across diverse property types including multi-family residential, medical office, commercial office, retail, industrial/warehouse, and flex spaces. Key development projects include Vintage Flats (adaptive reuse apartments), The Rails (312-unit mixed-use), and Harolds Square (NYSERDA-certified green building). Services are delivered through a collaborative team approach spanning Buffalo, NY and Fort Lauderdale, FL markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Services Full-service real estate development including ground-up development, renovation and repositioning, adaptive reuse, and historic rehabilitation for apartments, medical office, commercial office, retail, institutional build-to-suit, and industrial projects. Targets healthcare systems, educational institutions, residential developers, and corporate tenants.
- NY Property Management Accredited Management Organization (AMO)-certified full-service property management, maintenance, and accounting for commercial portfolio including medical, commercial, industrial/warehouse, educational, retail, and mixed-use properties in New York.
- Florida Property Management Full-service property management backed by AMO standards covering approximately one million square feet of medical, commercial, industrial/warehouse, educational, retail, and mixed-use properties in South Florida.
- Florida Brokerage Commercial real estate brokerage services in Florida for leasing, buying, building, and sale-leaseback properties, serving small businesses, investors, and corporations.
- Real Estate Consulting Real estate consulting solutions helping individuals, businesses, and investors make informed strategic decisions on commercial real estate matters, including owner representation.
- Tenant Representation Brokerage services representing tenants in commercial real estate transactions including lease negotiations and site selection.
- NAI McGuire NY Brokerage Network Member of the NAI Global commercial real estate network through NAI McGuire NY, providing access to a broader network of buyers, sellers, tenants, and landlords for commercial real estate transactions.
Quantifiable outcome
- Delivered Harolds Square, a 12-story, Class A NYSERDA-certified green mixed-use building with tier-three NYSERDA certification (at least 40% less energy than a code-built building)
- +5 more outcomes
Companies that use McGuire Development
Customer profileNamed customers15 records
Segments7 records
Ideal customer profiles5 records
McGuire Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
McGuire Development partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Blackfish InvestmentscoreMcGuire Development partnered with Utah-based Blackfish Investments to develop The Rails, a 300,000 SF transit-oriented development in Buffalo's University District featuring 312 apartments, retail, and office space. Blackfish Investments is a private real estate investment firm specializing in multifamily and mixed-use developments.
- L EnterprisescoreMcGuire Development co-developed Harolds Square in Ithaca, NY with Ithaca-based partner L Enterprises. The 12-story, 135,000 SF mixed-use project includes 78 market-rate apartments and Class-A office/retail space. L Enterprises provided local market knowledge and partnership capital for the $11 million project.
- Buffalo Construction ConsultantsminorServed as general contractor for the Vintage Flats adaptive reuse project. Buffalo Construction Consultants provided construction management services for the $7 million historic and brownfield redevelopment.
- Carmina Wood DesignminorServed as architect for Vintage Flats project. Carmina Wood Design provided architectural design services preserving the building's industrial character while transforming it into boutique apartments.
- Carmina Wood MorrisminorArchitect for Compass East project (conversion of former Sheehan Memorial Hospital into 150,000 SF Class A office space, $12 million construction).
- Kideney ArchitectsminorArchitect for Buffalo School of Culinary Arts & Hospitality Management. Kideney Architects designed the adaptive reuse of the historic C.W. Miller Livery building including the innovative 'hovering' gymnasium.
- Habiterra Architectural and Landscape Architecture, PCminorArchitect for SKF AeroEngine Heat Treatment Facility built to LEED Silver Standards in Falconer, NY.
- Elev8minorArchitect for The Rails project, a 300,000 SF transit-oriented development in Buffalo's University District.
- LeChaseminorGeneral contractor for Harolds Square project in Ithaca, NY.
- NAI Global / NAI McGuire NYminorNAI McGuire NY is a member of the NAI Global commercial real estate network, providing McGuire Development with access to a broader network of buyers, sellers, tenants, and landlords for commercial real estate transactions.
- Williams MediaminorBuffalo-based full-service marketing agency that designed and developed McGuire Development's new website, enhancing the company's digital presence and online experience.
Scale indicators13 records
Recent moves8 records
Expansion highlights5 records
McGuire Development competitors and assessment
Company assessmentDirect peers
- Ciminelli Real Estate Services: Former regional commercial real estate developer and property manager headquartered in Buffalo, NY with similar full-service development, brokerage, and property management offerings in the Western NY market. Directly competes with McGuire Development in the same geography and asset classes.
- Uniland Development Company: Buffalo-based commercial real estate development and property management firm with a comparable multi-pillar service offering including development, brokerage, and asset management. Direct competitor in the Western NY office, medical, and mixed-use development market.
- Savarino Companies: Buffalo-area commercial real estate developer with multi-family, mixed-use, and adaptive reuse projects (including historic rehabilitation). Comparable to McGuire in scope and Western NY focus, with overlapping adaptive reuse and downtown redevelopment capabilities.
- Ellicott Development: Buffalo-based real estate development and property management company with comparable downtown and waterfront adaptive reuse projects, multi-family residential, and commercial brokerage. Directly competes with McGuire Development in the Buffalo market.
Regional players
- Pyramid Brokerage Company: Upstate New York commercial real estate brokerage firm with offices across the region including Buffalo and Ithaca. Comparable in geographic overlap and brokerage services to McGuire's brokerage arm.
- TM Montante Development: Buffalo-based commercial real estate development and management firm with adaptive reuse and mixed-use projects across Western NY. Comparable in geography, project type, and scale to McGuire Development.
Broad incumbents
- CBRE Group (Buffalo Office): Global commercial real estate services firm with a Buffalo office offering brokerage, property management, and project management services that directly overlap with McGuire's offerings. Competes on larger institutional mandates.
- Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, valuation, and project management services that overlap with McGuire's full-service model. Competes for institutional healthcare and office mandates.
- JLL (Jones Lang LaSalle): Global real estate services and investment management firm with project management, leasing, and property management capabilities overlapping with McGuire's development and managed services offerings. Competes for large healthcare and institutional build-to-suit mandates.
Others
- NAI Global: Global commercial real estate network of which NAI McGuire NY is a member. While a partner rather than competitor, the network provides brokerage and transaction services that overlap with McGuire's in-house capabilities and serves as a benchmark for CRE network economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
McGuire Development social profiles
Digital presenceMcGuire Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
McGuire Development leadership team
Management profileNumber of profiles
Profiles14 records
McGuire Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
McGuire Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about McGuire Development
What does McGuire Development do?
McGuire Development is a full-service commercial real estate firm that provides development (ground-up construction, adaptive reuse, historic rehabilitation, build-to-suit), accredited property management (AMO-certified in NY and Florida), commercial brokerage (tenant and landlord representation, investment sales, leasing), and real estate consulting for property owners, investors, healthcare systems, educational institutions, and corporate tenants across Western New York and South Florida.
Is McGuire Development a public or private company?
McGuire Development is a private company. It is classified as family owned and is currently operating.
When was McGuire Development founded?
McGuire Development was founded in 2006. It employs 11 to 50 people.
Where is McGuire Development based?
McGuire Development is headquartered in Buffalo, United States, in the North America region.
How does McGuire Development make money?
Four revenue lines are on record. Development & Construction Management Fees are the primary driver. The others are brokerage Commissions, property Management and real Estate Consulting.
Who are McGuire Development's main competitors?
Direct peers on record are Ciminelli Real Estate Services, Uniland Development Company, Savarino Companies and Ellicott Development. Regional players are Pyramid Brokerage Company and TM Montante Development. Broad incumbents are CBRE Group (Buffalo Office), Cushman & Wakefield and JLL (Jones Lang LaSalle). NAI Global is listed as an others.
Does McGuire Development have an API?
No public API is recorded for McGuire Development.
What industry is McGuire Development in?
McGuire Development's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAIANAB, Housing Development, Construction & Rehabilitation Programs, with a secondary code of BPAIABAM, State/Provincial Housing, Urban/Regional Planning & Community Development. Its NAICS code is 23622 and its SIC code is 1531.