J.W.D. Group, Inc.

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Address: 400 Colvin Woods Pkwy, Tonawanda, NY 14150
Total Square Footage: 52,777
Acquired: October 24, 2023
Tenant Name: J.W.D Group, Inc.

Royal Oak Realty Trust (“Royal Oak”) is pleased to announce the completion of our latest acquisition.

On October 24, 2023, Royal Oak acquired the light industrial, warehousing, and office facility of J.W.D. Group, Inc. (“Danforth”) headquartered in Tonawanda, NY. The property is located in the Buffalo metropolitan statistical area. Royal Oak acquired six properties tenanted by Danforth in August of 2021, located throughout New York state. In conjunction with this new acquisition, Danforth extended its previously signed master lease (which includes all seven properties) to a fresh 20 years at closing.

The subject property is a 52,777 square foot, two story, tilt-up concrete facility built in 2005 on 4.52 acres. The building consists of 42,135 square feet of manufacturing/distribution space with 28-foot clear heights and 10,142 square feet of office space. The building contains three dock doors and four grade doors for a total of seven overhead doors.

Danforth is one of the largest mechanical contractors in the Northeast region of the United States. Danforth has been providing comfort solutions since 1884, focusing on heating, ventilation, air conditioning, refrigeration, and plumbing systems for industrial and commercial markets. This includes industrial, healthcare, higher education, K‐12 Schools, municipal and commercial office buildings. They provide project development, systems design, construction and installation, systems commissioning, energy solutions and on‐going maintenance and repairs. Danforth is a privately held ESOP (Employee Stock Ownership Plan) company with over 700 dedicated office professionals and unionized field technicians.