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West Herr WBEN Buffalo Business Report - Monday, December 5th 2022

Gas prices continue local decline
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The AAA reports local gas prices fell six cents from a week ago. The current average for a gallon of unleaded in the Buffalo-Niagara Falls metro area is down to $3.67.

Bids are due March 30th for the Terminal A building on Buffalo's Outer Harbor. Business First notes the ECHDC is including three outparcel buildings in the package.  There is no minimum bid, but there is a big stipulation: interested parties must buy the property and have a development plan - not land bank the buildings.


In real estate news: the Town of Pendleton building that includes Mac's Antique Auto Parts has a new owner.  According to Business First, Hewitt-Smith Holdings LLC of Sanborn paid $4.45 million for the property.

Arizona investment group OH 736 LLC has paid $400,000 for the Lewiston Opera House.