
Hanley Investment Group Represents Buyer in $11,440,000 Sale of Shopping Center in Fresno, Calif. (2007-08-14)
Eric P. Wohl of Hanley Investment Group represented the buyer in the sale of Mission Village, a 60,604-square-foot shopping center in Fresno, Calif. The purchase price was $11,440,000, which represented a 6.10% cap rate. Mission Village consists of 25 tenants including Kim's Restaurant, Nextel, Asia Korea Market, Toledo's Mexican Restaurant, Samos Kitchen, Awakenings Salon, Curves, and Permanent Beauty. The property was 95% occupied at the time of sale.