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
142,198 SF
Asset Type
Retail
Closing
Apr 29, 2026
About this deal
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.
On the Map
$20,800,000
$73/SF
Retail
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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