BUFFALO, NY-Leasable space isn't the only thing in strong demand when it comes to a future medical office building under construction within a bustling medical district in Buffalo. Until recently, many investors were also clamoring for an ownership stake in the future outpatient and research building, according to the firm hired to recommend a financial partner.

The future six-story Conventus, a $100.7 million, 300,000-square foot MOB and research facility, is scheduled for completion in spring 2015.

The developer is a local firm, Ciminelli Real Estate Corp., which worked with Buffalo-based Kaleida Health and the University at Buffalo medical school in planning the outpatient services and research building. Kaleida's 501-bed Buffalo General is the main acute care hospital within the 120-acre Buffalo Niagara Medical Campus (BNMC), which is home to 4.5 million square feet of healthcare space.

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