Hanley Investment Group Completes Sale of Brand New Two-Tenant Retail Property in La Quinta, Calif. for $8.9 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by T.J. Maxx and ULTA Beauty at 78-825 Highway 111 in La Quinta, Calif. The 33,708-square-foot pad building is part of Washington Park Shopping Center, which includes major tenants Target, Lowe’s, Trader Joe’s, ALDI, Stein Mart and Century Theatres. The sale price was $8,862,500.
Hanley Investment Group Arranges Sale of Single-Tenant Rite Aid in Rosamond, Calif. for $7.6 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant net-lease Rite Aid property located at 2938 Rosamond Boulevard in the City of Rosamond, north of Lancaster/Palmdale, in Southern California’s Antelope Valley. The purchase price was $7,604,000.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-lease Walgreens property located in north San Diego County at 3507 Cannon Road in Oceanside, Calif. The purchase price was $7.4 million, which represented a cap rate of 5.0 percent.
Hanley Investment Group Completes Sale of New Single-Tenant Net-Lease LA Fitness in Chicago Metro Area
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant net-lease investment occupied by LA Fitness in an off-market transaction. The property is located in the Chicago metro area in Elmhurst, Illinois.
Hanley Investment Group Completes Sale of Brand New Single-Tenant Starbucks at Record-Breaking Cap Rate in Bakersfield
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a brand-new construction single-tenant corporate Starbucks with a drive-thru located in Bakersfield, Calif. The purchase price of $2.65 million represented a cap rate of 4.09 percent and $1,432 psf. According to CoStar, this sale achieved a record low cap rate for a single-tenant Starbucks in Bakersfield and a record high price per square foot in the city.
Hanley Investment Group Completes Sale of Two Multi-Tenant Pad Transactions in Kansas City Metro Area
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.
Hanley Investment Group Completes Three Single-Tenant 7-Eleven Transactions
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven stores. With these three recent transactions, McChesney has sold 20 7-Elevens in the last two years, the most 7-Elevens sold by any individual in the U.S. during this period.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for $9 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif.
Hanley Investment Group Arranges Purchase of New Two-Tenant Net-Lease Investment in Reno, Nev. for $4.9 Million
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the purchase of a new construction two-tenant net-lease retail investment in Reno, Nev. The 7,624-square-foot building is located at 6350 S. Virginia Street and is occupied by Jos. A. Bank and Sleep Number. The purchase price was $4.9 million, which represented a cap rate of 6.48 percent
Phillips Edison Sells Five Shopping Centers Totaling 583,000 SF
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions Hanley Investment Group’s Executive Vice President Eric Wohl served as advisor in bringing the buyer and seller together in the sale of five shopping centers owned by Cincinnati, Ohio-based firm Phillips Edison & Company, one of the nation’s largest owners and managers of grocery-anchored shopping centers. The buyer was Albanese Cormier Holdings, a commercial real estate investment company based in Beaumont, Texas
Hanley Investment Group and Coldwell Banker DuFour Realty Arrange Sale of New Single-Tenant ULTA Beauty in Chico, Calif.
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, in conjunction with Coldwell Banker DuFour Realty, announced today that the two firms completed the sale of a new construction single-tenant net-leased retail property occupied by ULTA Beauty at 2068 Dr. Martin Luther King Jr. Parkway in Chico, Calif. The sales price could not be disclosed. More…
Hanley Investment Group Completes Sale of Single-Tenant Just Brakes Store and Sets New National Record Cap Rate
Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a single-tenant Just Brakes store in Dallas, Texas. More…
Hanley Investment Group Concludes 2016 with Sale of 82 Deals, $540 Million for the Year
Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today the company closed out the year 2016, with the sale of 82 retail properties totaling nearly $540 million.
Hanley Investment Group Raises Over $35,000 Mo’ Money to Help Mo’ Bros Fight Cancer
Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today that the group raised over $35,000 in its annual Movember campaign. This marks Hanley Investment Group’s sixth year in a row joining the global movement to raise awareness and critical funds for men’s health and cancer, by growing a mustache in November. Hanley Investment Group has raised nearly $157,000 for the Movember Foundation since 2011.
Hanley Investment Group Completes Sale of Shadow-Anchored Walmart Neighborhood Market Shopping Center in Denver Metro Area
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of an 83,278-square-foot shopping center, shadow-anchored by a Walmart Neighborhood Market in the Denver metro area.
Hanley Investment Group Completes Sale of Panera Bread-Anchored Retail Center in Indianapolis for $7.9 Million
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Eric Wohl negotiated the sale of Raceway Commons, a 32,748-square-foot multi-tenant retail in the city of Indianapolis, Indiana. The purchase price was $7.9 million.
Hanley Investment Group Kicks Off Movember Fundraiser, Cocktails For a Cure, to Help End Men’s Cancers
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the group is launching its sixth annual Movember campaign to raise funds and awareness for men’s health during the month of November.
Hanley Investment Group Lists Rare Five-Acre Fee-Simple Ground Lease on South Lake Avenue in Pasadena For Sale
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm is marketing for sale a rare fee-simple ground-lease opportunity on South Lake Avenue in Pasadena, Calif. More…
Hanley Investment Group Lists For Sale Brand New Two-Tenant NNN Retail Property in Oxnard for $10,337,000, 5% Cap Rate
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm is marketing for sale a newly-constructed two-tenant retail building occupied by WSS (Warehouse Shoe Sale) and Krispy Kreme Doughnuts, located at the signalized intersection of Vineyard Avenue and Riverpark Boulevard in Oxnard, Calif. More…
Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Pad, Shadow-Anchored by New Walmart Supercenter in Hesperia for $8.5 Million, Yielding Record-Low Cap Rate
anley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the off-market sale of a 13,940-square-foot multi-tenant retail pad, shadow-anchored by a new Walmart Supercenter at 13325 Main Street in Hesperia, Calif. The sale price was $8.5 million, yielding a cap rate of 5.33 percent.