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Press releases for hanley brown group

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Hanley Brown Group Represents Buyer and Seller in $12,425,000 Sale of Cypress Station Shopping Center in Houston, TX (2007-04-23)
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 Edward B. Hanley and Kevin T. Fryman of Hanley Brown Group represented the buyer and seller in the $12,425,000 sale of Cypress Station, a multi-tenant community shopping center in Houston, TX at I-45 and FM 1960 Road West.

Hanley Brown Group Represents Buyer and Seller in $6,300,000 Sale of High Profile, Street-Front Retail Property in West Los Angeles (2007-04-16)
Eric P. Wohl of Hanley Brown Group Real Estate Advisors represented the buyer and seller in the sale of a rare multi-tenant, street-front retail property in West Los Angeles, Calif. The purchase price was $6,300,000, which represented one of the highest prices per square foot in the area at $644 per square foot. The 9,785-square-foot street-front retail property is the ground floor space of a 60-unit condominium development located at 12222 Wilshire Boulevard, a high profile location in the heart of the West Los Angeles business district, two blocks west of Bundy Drive. An all cash transaction, the buyer closed on the property in 17 days.

Hanley Brown Group Awarded Prime Santa Clarita Valley Shopping Center Listing Valued at $19,000,000 (2007-03-20)
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 it has been awarded the exclusive listing to market Seco Canyon Village Shopping Center in Santa Clarita, Calif. for $19,000,000. Edward B. Hanley of Hanley Brown Group has been named the listing agent. Built in 2005, the CVS/pharmacy anchored center is situated on 4.55 acres and located at the signalized intersection of Copper Hill Drive and Seco Canyon Road.

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 Seller in $1,825,000 Sale of Multi-Tenant Auto Center in Reseda, CA (2007-03-14)
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 Edward B. Hanley and Kevin T. Fryman of Hanley Brown Group represented the seller in the $1,825,000 sale of a 19,986-square-foot auto center, multi-tenant auto center at 7444-7448 Reseda Boulevard in Reseda, Calif. Built in 1986, the center is 100% occupied and features 13 local tenants including a prominent billboard sign. The buyer acquired the leasehold interest in the property with 35 years remaining on the ground lease.

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.

Hanley Brown Group Closes 4 Orange County Retail Centers at Record Prices Totaling $25,395,000 (2007-02-13)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of buyers and sellers in the sale of retail properties, closes escrow on four prominent Orange County shopping centers for a total of $25,395,000. Two properties were located in Huntington Beach; the others were located in Newport Beach and Garden Grove.

Hanley Brown Group Breaks Records in Inland Empire with Sale of Two Washington Mutual Buildings -- $640 PSF & $592 PSF (2007-01-29)
Hanley Brown Group Real Estate Advisors’ Edward B. Hanley represented the sellers in the sale of two single-tenant NNN Washington Mutual bank buildings. Both properties, one in Riverside and the other in Apple Valley, sold at a record high price per square foot and record low cap rate.

Hanley Brown Group Represents Buyer in $7,400,000 Sale of Retail Center in Moreno Valley, Calif. (2006-11-09)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of buyers and sellers in the sale of retail properties, announced today Jeremy S. McChesney and Eric L. Werner of Hanley Brown Group represented the buyer in the $7,400,000 sale of a new 20,494-square-foot multi-tenant retail center shadow anchored by Food 4 Less and located at 24430 Alessandro Boulevard in Moreno Valley, CA. The cap rate was 6.36%. The property was 100% occupied at the time of sale.

Hanley Brown Group Represents Seller in the $6,785,000 Sale of Walgreens in Murrieta, CA (2006-11-07)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of retail properties, announced today Edward B. Hanley of Hanley Brown Group represented the seller in the $6,785,000 sale of a single-tenant Walgreens, an approximate 10,000 sq. ft. building situated on 1.15 acres at 40735 California Oaks Road within the California Oaks Shopping Center in Murrieta, Calif. The cap rate was 5.75%.

Hanley Brown Group Awarded Two Prime Orange County Listings Valued at $24,350,000 (2006-10-20)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of shopping centers, announced today it has been awarded the exclusive listings to market College Country Shopping Center in Huntington Beach, Calif. for $12,650,000 at a cap rate of 6.37% and Magnolia Point & Magnolia Center in Westminster, Calif. for $11,700,000 at a cap rate of 6.00%. Eric P. Wohl of Hanley Brown Group has been named the listing agent for both properties.

Hanley Brown Group Represents Buyer in $4,995,000 Sale of Multi-Tenant Retail Center in Hemet, CA (2006-10-10)
Hanley Brown Group Real Estate Advisors announced today Eric P. Wohl of Hanley Brown Group represented the buyer in the $4,995,000 sale of Diamond Valley Shopping Center in Hemet, CA. Located at State Street and Stetson Avenue, the 57,818-square-foot shopping center consists of 2 buildings and is situated on 5.14 acres in Riverside County. The property was 83% occupied at the time of sale.

Hanley Brown Group Represents Buyer and Seller in the $3,760,000 Sale of Multi-Tenant Retail Center in San Diego County, CA (2006-10-10)
Hanley Brown Group Real Estate Advisors announced today that Edward B. Hanley of Hanley Brown Group represented the buyer and seller in the $3,760,000 sale of Santa Fe Crossroads, a 19,730-square-foot shopping center located in Vista, CA. Built in 1987, the shopping center is situated on 1.65 acres at 1450 Santa Fe Avenue and consists of two separate buildings.

Hanley Brown Group Represents Seller in the $1,715,000 Sale of Hollywood Video in San Bernardino County, CA (2006-10-10)
Hanley Brown Group Real Estate Advisors announced today Eric P. Wohl of Hanley Brown Group represented the seller in the $1,715,000 sale of a single-tenant NNN leased investment with Hollywood Video in Colton, CA. Cap rate was 6.10%. Built in 1968, the 8,000-square-foot pad building is situated on a .48-acre parcel of land at 125 West Valley Blvd.
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