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Press releases for eric werner
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  Hanley Investment Group Represents Seller in Sale of $2,800,000 Multi-Tenant Strip Center in Riverside, CA (2008-03-15)
Eric L. Werner of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a 6,120-square-foot multi-tenant strip center in Riverside, Calif. The purchase price was $2,800,000, representing a 6.48 percent cap rate. Known as University Avenue Retail Center, the property is located at 2308 University Avenue in Riverside, less than one mile from the University Avenue Exit of the 91 Freeway. The property was built in 2007 and was 84% occupied at the time of sale. Hanley Investment Group Represents Buyer and Seller in the Sale of $16.1 Million Neighborhood Shopping Center in Lompoc, Calif. (2007-08-01)
Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Eric L. Werner and Kevin T. Fryman of Hanley Investment Group represented the buyer and seller in the sale of a grocery anchored neighborhood shopping center in Lompoc, Calif. for $16,100,000. Located at Central Avenue and L Street, Lompoc Corners is a 96,648-square-foot neighborhood shopping center built in 2000. The property was 100% occupied at the close of escrow. Hanley Investment Group Reps Buyer & Seller in $15,700,000 Sale of Commercial Center in Diamond Bar, Calif. (2007-07-09)
Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, represented the buyer and seller in the $15,700,000 sale of a multi-tenant commercial center in Diamond Bar, Calif. The 60,022 sq. ft. retail/office property, known as Ranch Center, is located at 800-880 N. Diamond Bar Boulevard. The property was built in 1982 and was 99% occupied at the time of sale. Hanley Brown Group Closes Three Riverside County Commercial Property Sales Totaling $5,800,000 (2007-03-16)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today the sales of three Riverside County commercial properties for a total consideration of $5,800,000: Jiffy Lube plus self-service car wash in Moreno Valley for $1,900,000; Wienerschnitzel/Tastee Freez/Hungry Howie’s Pizza combo restaurant in Lake Elsinore for $2,700,000 (one of the highest prices per square foot in this area at $846 psf); and a 10,401-square-foot office/retail building in downtown Lake Elsinore for $1,200,000. Hanley Brown Group and Lee & Associates Represent Buyer and Seller in $9,800,000 Sale of Hemet Neighborhood Shopping Center (2007-03-15)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Eric L. Werner of Hanley Brown Group and Brian Bielatowicz of Lee & Associates in Murrieta, Calif., represented the buyer and seller in the sale of a grocery/drug anchored neighborhood shopping center in Hemet, Calif. for $9,800,000. The cap rate was 5.82% and the buyer paid all cash and in 25 days. The sale included four vacant pads providing the buyer the opportunity for future commercial development. Hanley Brown Group Represents Buyer and Seller in $3,600,000 Sale of Office/Medical Building at 5.6% Cap Rate in San Fernando Valley, Calif. with All Cash, 25-Day Close (2007-03-13)
Kevin T. Fryman and Eric L. Werner of Hanley Brown Group represented the buyer and seller in the sale of a 29,088-square-foot, multi-tenant office/medical building at 8215 Van Nuys Boulevard in Panorama City, Calif. The purchase price was $3,600,000 representing a 5.6% cap rate. Built in 1958, the subject property is a three-story freestanding building. The property was 61% occupied at the close of escrow. 1 |
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