DERBY, N.Y. — New Era Cap Co. CEO Chris Koch, through his CHK Land Holdings II LLC affiliate, paid $2.5 million for five vacant buildings that the cap and apparel manufacturer had owned in Derby.
The deal for the properties at 8061-8119 Erie Road closed July 7, according to filings in the Erie County Clerk’s office, with CHK Land Holdings II LLC buying them from New Era Cap LLC.
Koch said he has no immediate plans for the buildings. You can read the full story on Buffalo Business First's website.
