HAMBURG, N.Y. (WBEN).....Two suburban properties - one in Hamburg and the other in Cheektowaga - have been acquired by out-of-town investment interests.
The deals:
* A Dallas-based real estate investment trust (REIT) paid $4.137 million for a McKinley Mall outparcel at 3701 McKinley Parkway in Hamburg that is anchored by a Savers Thrift Store outlet.
Savers remains as the sole tenant on a long term lease.
* Investors 699 Park Avenue Inc. paid $1.6 million for a building at 3450 Union Road in Cheektowaga that is anchored by a WellNow Urgent Care clinic.
The building has been owned by a separate investment group - 3450 Union Road LLC.
WellNow anchored building sells for $1.6 million
WellNow anchored building sells for $1.6 million
