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Latest press releases in Retail
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  Hanley Investment Group Represents Seller in Record Breaking Sale of Retail Center in Tustin
A market leader in the sale of retail properties, Hanley Investment Group Real Estate Advisors of Irvine, CA announced today Eric P. Wohl and Edward B. Hanley of Hanley Investment Group represented the seller in the sale of 7-Eleven Plaza, a multi-tenant strip center in Tustin, CA. The purchase price was $3,525,000, representing a record breaking cap rate of 5.7% and $814 psf. Hanley Investment Group Sells Single-Tenant NNN PFF Bank & Trust for Highest Cap Rate
Hanley Investment Group, with Commercial West Brokerage, represented the buyer and seller in the sale of the land leased to PFF Bank & Trust in Palm Desert. Purchase price was $1,800,000, representing a 5.0 percent cap rate, the highest cap rate for a single-tenant bank building sold in the area. The bank is located at 36975 Cook Street within The Village at University Park, on a newly developed pad. KTGY Principals to Speak at NAHB 50+ Housing Council International Builders’ Show in Florida; Manny Gonzalez, AIA, Rob Williams, AIA and Brian Muehlbauer to Participate
Three KTGY Group principals, Manny Gonzalez, AIA, Rob Williams, AIA and Brian Muehlbauer, have been invited to speak at the National Association of Home Builders (NAHB) 50+ Housing Council 2008 International Builders’ Show (IBS) in Orlando, Florida, the housing industry’s largest annual light construction trade show and exhibition, attracting more than 100,000 housing professionals. The event will be held on February 13 - 16, 2008 at the Orange County Convention Center and will feature a variety of educational programs focused on the needs and trends of the 50+ housing industry. NAHB 50+ Housing Council will also honor KTGY Principal Manny Gonzalez, AIA for his accomplishments in the 50+ housing industry and award him with the Certified Active Adult Specialist in Housing (CAASH) designation.
KTGY Names Lalaine Tanaka as Principal to Lead Firm’s Hospitality Division
Lalaine Tanaka has joined KTGY GROUP, INC., Architecture and Planning, as principal in the company’s Irvine office. Tanaka will lead KTGY’s Hospitality division. With over 20 years of architectural design experience, Tanaka has been extensively involved with the direction and design of award-winning hospitality, commercial/mixed-use, and resort planning projects throughout the United States. Prior to joining KTGY, Tanaka served as design director for nine years at a major Orange County architectural firm where she was instrumental in developing the company’s acclaimed hospitality design studio and portfolio. Hanley Investment Group Represents Seller in Sale of $5,256,000 Multi-Tenant Shopping Center in Victorville, CA, a 5.13% Cap Rate
Jeremy S. McChesney and Cameron Rafati of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a 26,152-square-foot multi-tenant shopping center, known as Greentree Plaza and located at 13708-13728 Hesperia Road in Victorville, Calif. The purchase price was $5,256,000, representing a 5.13% cap rate. The three-building property was built in 1985, and was 89% occupied at the time of sale. Highland Development Sells New Carl’s Jr. and AutoZone for $3.46 Million, 5.34% Cap Rate
Highland Development Company sold two newly built, single-tenant leased buildings currently occupied by Carl’s Jr. and soon to be occupied by AutoZone at its new 84,500-square-foot mixed-use retail/office project located at the southwest corner of Panama Lane and Wible Road in Bakersfield, Calif. The purchase price for both assets was approximately $3.46 million, representing a 5.34% cap rate. << 19 20 21 22 23 24 25 26 >>
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