HBM Properties Acquires Retail Center In Williamsville From DLC For $20.8M With CBRE Representatives
7864 Transit Road & 8020 Transit Road
$20,800,000
$73/SF
Building Size
284,396 SF
Asset Type
Retail
Closing
Apr 29, 2026
AI
A retail center located at 7864 Transit Road and 8020 Transit Road in Williamsville, New York, was sold for $20,800,000. The property spans 142,198 square feet, resulting in a price per square foot of $146.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,800,000
- Square Footage: 142,198
- Address: 7864 Transit Road & 8020 Transit Road
- Market: Williamsville
- Buyer: HBM Properties
- Seller: DLC
- Brokers: Jeffrey Dunne, David Gavin & Travis Langer - CBRE
The sale was facilitated by CBRE, with Jeffrey Dunne, David Gavin, and Travis Langer representing the seller, DLC, and securing the buyer, HBM Properties.
Players
Buffalo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93