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7864 Transit Road

HBM Properties Acquires Retail Center In Williamsville From DLC For $20.8M With CBRE Representatives
SOLDRetail

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

Travis Langer

CBRE

Broker

$2.4B

vol

52 deals

Broker
HP
HBM PropertiesBuyer

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