What Buckingham Properties does

Buckingham Properties is a privately held, vertically integrated commercial real estate developer and property manager headquartered at 259 Alexander Street in Rochester, New York. Founded in 1970 and operated by the Glazer family under CEO Ken Glazer, the company has built a portfolio of more than 11 million square feet of office, industrial, retail, and residential space and over 200 acres of development land across the Greater Rochester region, making it the largest commercial real estate developer and property manager in the market. Its service offering spans the full real-estate lifecycle — acquisition, build-to-suit development, adaptive-reuse redevelopment (most notably Tower280 at the former Midtown Plaza site), construction management, in-house leasing, third-party owner's representation, and on-site property management — supported by three wholly-owned downtown parking garages (Midtown, St. Joe's, Alex Park) with combined capacity of roughly 4,450 vehicles.

The company serves four primary customer segments — commercial office tenants, industrial tenants, retail tenants, and residential tenants — supplemented by a smaller business providing owner's-representative and construction management services to external property owners and developers. Go-to-market is sales-led through an in-house leasing team (commercial and residential), with marketing driven by the buckprop.com website, a blog, and a presence on Facebook, Instagram, LinkedIn, and YouTube. Revenue is generated primarily through multi-year commercial leases (modified gross or triple net), monthly residential rents, bundled property management fees, parking daily and monthly rates, and episodic development and construction management engagements; no public revenue is disclosed.

Buckingham's leadership team includes President Bill Sondericker, CFO Kyle Ingalls, VP of Construction and Development Aaron Malbone (Partner), VP of Leasing and Tenant Relations Tom Latta (Partner), and Partner Rick Glazer, with deep tenure across real estate, construction, and facilities functions. The company continues to expand through targeted acquisitions — most recently Clover Commons and Clover View Plaza on Monroe Avenue in February 2026 — and new mixed-use deliveries such as 260 East Broad and Edge of the Wedge, while operating exclusively within the Greater Rochester, NY geography.

Name

Buckingham Properties

Legal name

Buckingham Properties LLC

Website

https://buckprop.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Buckingham Properties is a privately held, vertically integrated commercial real estate developer and property manager in Rochester, NY, managing over 11 million square feet and 200+ acres across office, industrial, retail, residential, and parking assets since 1970.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development & Property Management

NAICS

Real Estate Property Managers (53131), Land Subdivision (237210)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Commercial real estate development
• Property management services
• Commercial property leasing
• Real estate consulting advisory
• Parking facility operations

Headquarters

HQ city

Rochester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Real Estate Leasing: Buckingham Properties generates primary revenue through leasing office, industrial, retail, and mixed-use commercial spaces to businesses. Lease terms are typically multi-year contracts with modified gross or triple net structures. Commercial tenants sign direct leases with the company for spaces ranging from hundreds to tens of thousands of square feet.
2. Residential Leasing: The company leases residential apartments across multiple luxury and mixed-use properties including Tower280, 260 East Broad, The Residences at Alex Park, Water Street Commons, The Lofts at Michaels-Stern, Edge of the Wedge, and Buckingham Commons. Monthly residential rents provide recurring revenue.
3. Property Management Services: Buckingham Properties manages and maintains all its properties with in-house property management teams. Property management fees are bundled with tenancy or handled as part of the landlord relationship for owned/managed assets.
4. Real Estate Development & Redevelopment: The company undertakes development and redevelopment projects including adaptive reuse of historic buildings (e.g., Tower280 at the former Midtown Plaza site). Revenue is generated through completed development projects, build-to-suit transactions, and sale of redeveloped assets.
5. Parking Operations: Buckingham Properties operates three major parking garages in downtown Rochester (Midtown Garage, St. Joe's Garage, and Alex Park Garage) offering both daily/hourly rates and monthly reserved/unreserved passes to generate recurring revenue.
6. Owner Representative & Construction Management: The company provides Owner Representative and Construction Management services to third-party clients, offering technical expertise and project experience for real estate and construction projects, from pre-development feasibility to post-completion asset management.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Buckingham Properties develops, owns, leases, and manages commercial and residential real estate throughout the Greater Rochester, NY region. The portfolio spans office, industrial, retail, residential, and mixed-use properties totaling more than 11 million square feet along with 200+ acres of development land. The company also provides in-house property management, construction management, owner's representation, real estate consulting, and parking operations across three downtown garages.

Product overview

Buckingham Properties operates as a comprehensive commercial real estate platform offering a diverse portfolio of properties and services across the Greater Rochester, NY region. The company functions as both a property manager and developer, providing real estate for lease across office, industrial, retail, and residential categories, supplemented by property management, consulting, construction management, development/redevelopment, and parking services. Their featured properties include mixed-use developments like Tower280 (with its connected The Grove retail/events destination), 260 East Broad, Legacy Tower, and various residential communities (The Residences at Alex Park, Water Street Commons, The Lofts at Michaels-Stern, Edge of the Wedge), as well as industrial properties (Trabold Road Industrial Center, Eagle's Landing) and development land. The portfolio totals over eleven million square feet of space and 200+ acres of development land across Rochester and surrounding areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate for Lease Commercial real estate leasing services for office, industrial, retail, and residential properties throughout the Greater Rochester, NY region, with flexible lease terms and comprehensive support services for tenants.
• Superior Property Management Services Full-service property management including maintenance, repairs, tenant relations, and on-site management teams dedicated to residential and commercial tenants across the portfolio.
• Real Estate Consulting & Advisory Advisory services including investment opportunities, build-to-suit options, sale-leaseback transactions, property brokerage, tenant and landlord representation, project management, and distressed asset repositioning.
• Owner's Representative & Construction Management Services Comprehensive construction management and owner's representative services covering pre-development feasibility studies through post-completion asset management, leveraging decades of real estate and construction industry expertise for third-party clients.
• Real Estate Development & Redevelopment Urban redevelopment and adaptive reuse projects specializing in revitalizing downtown Rochester, including mixed-use developments that combine residential, commercial, and retail spaces.
• Parking Services Operation of three major downtown Rochester parking garages — Midtown Garage (1,600+ vehicles), St. Joe's Garage (1,000 cars), and Alex Park Garage (1,850 cars) — offering daily/hourly walk-up rates and monthly reserved/unreserved passes.
• Tower280 Class A mixed-use property in Rochester's Midtown District featuring 181 contemporary residential units, build-to-suit ground-floor retail, two floors of modern office space, and amenities including 24/7 concierge, fitness center, rooftop patio, and rooftop dog park.
• The Grove Downtown retail and events destination at Tower280 featuring an eclectic mix of ground-level retail, eateries, shops, and events including The Lucky Flea Market, connecting Tower280 and 260 East Broad buildings.
• 260 East Broad Mixed-use five-story building with ground-floor retail, Class A offices, and 28 luxury apartments (674-1,399 SF), opening into The Grove retail and events destination.
• Legacy Tower Class A office building at 1 Bausch And Lomb Place with granite facade, 11,000 SF glass-enclosed Wintergarden, grab-and-go cafe, 4,500 SF fitness center, and multiple training/meeting rooms.
• The Residences at Alex Park Luxury residential apartments at 250 Alexander St with private balconies offering views, located steps from downtown Rochester attractions, shopping, and restaurants.
• Water Street Commons Riverfront residential community in Rochester's St. Paul Quarter featuring one- and two-bedroom loft-style apartments (710-1,290 SF) with views of the Genesee River and city skyline, plus commercial office space.
• The Lofts at Michaels-Stern Downtown Rochester property with four floors of 17,000+ SF office space and three floors of high-end loft apartments (515-1,267 SF), featuring executive suites starting at 100 SF with common conference rooms.
• Edge of the Wedge Mixed-use conversion of the 40,000 SF Ward Supply Building in Rochester's South Wedge neighborhood, featuring lower level retail and 30 residential lofts (studios and 1-bedrooms from 521-1,625 SF).
• Clover View Plaza Retail plaza along the Pittsford portion of Monroe Avenue with high visibility and strong traffic counts, positioned within one of the area's most active shopping districts.
• 7200 Rawson Road Two-floor office space with mostly open floorplan and some private offices located near NYS Thruway and Route 96 in Victor, NY, with ample surface parking.
• Trabold Road Industrial Center 78,000 SF industrial property in Gates, NY with 10,000 SF office, approximately 5,000 SF cleanroom, 20' clearance, 2 docks, 1 grade door, sprinklers, and 480V/3-phase power.
• Winfield Park

Quantifiable outcome

• Over 10 million square feet of managed commercial space and 200+ acres of development land in the Greater Rochester region
• +3 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Howard Hanna Real Estate ServicesnotableStrategic or Co-development Partner · 5 November 2025Howard Hanna, the nation's #1 family-owned and operated real estate brokerage, opened a new office at Buckingham Properties' University Business Center at 1046-1194 University Ave in Rochester. This expansion represents Howard Hanna's commitment to growth and innovation in the Western New York market and fills occupancy at the University Business Center. Buckingham Properties facilitates this as the landlord and property manager.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• The Opus Group: National real estate development company with vertically integrated development, design, and construction capabilities across office, industrial, multifamily, and mixed-use assets. Comparable integrated mixed-use model at a larger national scale.
• CBRE Group: World's largest commercial real estate services firm offering transaction, advisory, property management, and development services globally, with significant Upstate New York presence. Direct overlap on leasing, property management, and project services even though much larger.
• Ryan Companies: National real estate services and development firm with integrated design, development, capital, construction, and property management capabilities across mixed-use, office, industrial, and healthcare. Closest analog to Buckingham's vertically integrated operating model among national firms.
• Cushman & Wakefield: Global commercial real estate services firm offering transaction, advisory, valuation, and property management services. Comparable broad services footprint serving institutional clients including tenants and owners.
• Colliers International: Global commercial real estate services and investment firm with leasing, property management, valuation, and project management capabilities. Overlaps with Buckingham across office, industrial, and retail brokerage and management.
• Trammell Crow Company: Major U.S. commercial real estate developer (a CBRE subsidiary) building office, industrial, multifamily, and healthcare projects. Comparable mixed-use developer model but at significantly greater national scale.
• JLL (Jones Lang LaSalle): Global real estate services firm providing investment management, leasing, property management, and project and development services across all major CRE asset types. Overlaps with Buckingham across property management, leasing, and owner's representation services.

Direct peers

• Passco Companies: Real estate investment and development firm focused on multifamily and commercial properties with vertically integrated investment, development, and asset management capabilities. Similar in scale and integrated operating approach.
• Uniland Development Company: Buffalo/Amherst, NY-based commercial real estate developer active across office, medical, industrial, and mixed-use properties in Western and Upstate New York. Most relevant direct peer by geography, scale, and integrated developer/owner-operator model.
• Continental Properties: National multifamily and mixed-use real estate developer/operator with vertically integrated development, construction, and property management functions. Comparable mid-sized operating model and product mix to Buckingham's residential and mixed-use strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCUtktOFshR7bS2kiVsT_DWQ
• Facebookfacebook.com/BuckinghamProperties
• LinkedInlinkedin.com/company/buckinghamproperties
• Instagraminstagram.com/buckprop

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Buckingham Properties