NetstReit Acquires Retail Property In Buffalo For $9M

A retail property located at 890 Young St. in Buffalo has been sold. The property, measuring approximately 51,000 square feet, was sold for $9,000,000. The price per square foot is estimated to be $176.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,000,000
• Address: 890 Young St.
• Market: Buffalo
• Square Footage: 51,000

NETSTREIT was the buyer of the property, while SCG Retail served as the seller. The deal was facilitated by Sam Seelenfreund from Cleeman Realty Group.