PMAT Acquires Retail Property For $20.5M In Batavia

The property involved in this transaction is a retail asset located at 251 North Randall Road in Batavia. It spans an area of 32 acres and has a size of 274,000 square feet. The sale took place on 12/20/2022, and the property was purchased for a total price of $20,500,000, resulting in a price per square foot of $75.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $20,500,000
• Address: 251 North Randall Road, Batavia
• Market: Batavia
• Acres: 32

The buyer in this transaction was PMAT represented by Robert Whelan, while the seller was Kimco Realty represented by Conor Flynn. Conor Flynn and Robert Whelan were responsible for finalizing the deal on behalf of their respective parties.