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Thursday, May 3, 2018

MJ Peterson Celebrates Continued Growth in Business

Company president attributes success to diverse offerings in local market
AMHERST, NY – MJ Peterson celebrated its 88th year in business during their 34th Annual Awards
Ceremony, held at the Park Country Club.

Victor L. Peterson III, President and CEO of MJ Peterson, opened the ceremony’s speeches with the
State of the Company address. Mr. Peterson congratulated the company on being the largest
independently owned and operated, full-service real estate company serving all of WNY’s real estate needs. MJ Peterson is committed to their diversified business model, which lends itself to their stableand expanding businesses.

“MJ Peterson is local and we are committed to Western New York,” Mr. Peterson remarked. “Our
diversified business model continues to be one of our greatest assets, evident in our continued growth.”

The company also welcomed 31 sales associates during 2017, with another 13 new and experienced agents in February 2018!
Several sales associates and employees were acknowledged for individual achievement at the ceremony:

Susie Lenahan
Susan Lenahan was recognized as top agent for the eleventh consecutive year. Lenahan closed over $23.4 million in residential sales in 2017. She has been the top Buffalo city agent for more than 19 years.

Michael Olear
The Olear Team, led by Michael Olear in Tonawanda, was awarded the 2017 top team with over $25.3 million in sales.

Ronald “Gunner” Tronolone was awarded the top commercial agent based on both units and volume in 2017. Joe Jacobi Jr. received a “Team Impact” award for his contributions to the Commercial Division

Jill Chudoba
Jill Chudoba, Client Coordinator of MJ Peterson / Tucker Homes was awarded Employee of the year.

The Property Management division saw a strong rental market, and have several new projects in their pipeline. Deer Lakes, their luxury apartments in Amherst, saw their final phase completed, wrapping up the 256-unit complex. Their rental portfolio also increased with 16 newly built two-bedroom apartments at Stonington Park Apartments and 6 new two-bedroom townhouses in the Audubon community.

MJ Peterson Tucker Homes experienced a positive 2017, and has sold out of their available lots in thefirst phase of “Harris Hill Commons” in Clarence. This luxury patio home community features large building lots with 50% greenspace, and only a mile from Transit Road. Their next phase is under construction.

Peterson concluded his address by saying, “This year we were honored by Business First to rise in the rankings to become the 22nd largest private company in WNY. This increase represents a significant leap forward and far outweighs the gains of even the closest competitor.”

MJ Peterson, founded in 1930, is a family-owned and operated full service real estate  company, with numerous rental units, more than 300 sales associates and employees, 6 residential offices, and 1 commercial office in the Buffalo-Niagara marketplace. More information is available at

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