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Press releases for hanley investment group
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  Hanley Investment Group Sells 99 Cents Only Anchored Shopping Center for $4,827,000 in Las Vegas (2010-03-12)
Eric P. Wohl and Edward B. Hanley of Hanley Investment Group represented the buyer and seller in the sale of a 27,300-square-foot shopping center in Las Vegas. The purchase price was $4,827,000, representing $177 per square foot. Tenants include 99 Cents Only, Burger King (ground lease), LaunderLand and Moneytree. The property was built in 2003 and was 100 percent occupied at the time of sale.
Hanley Investment Group Sells Two NNN Pad Buildings at Stater Bros. Shopping Center Totaling $5,850,000 in Chino, CA (2010-01-18)
Edward B. Hanley and William B. Asher of Hanley Investment Group, along with Phil Berry of Commercial West Brokerage, Inc., represented the seller in the sale of two NNN pad buildings in Chino, Calif., for a total consideration of $5,850,000. The pad buildings are located within Stater Bros. Plaza, which includes anchor Stater Bros. and Carl’s Jr., Chase Bank, Juice It Up, Fantastic Sams, Pacific Dental and Subway. Hanley Investment Group Sells Single-Tenant NNN Fresh & Easy Neighborhood Market for $2,475,000 (2009-07-06)
Hanley Investment Group Real Estate Advisors represented the seller in the sale of the fee-simple ownership in the land leased to a single-tenant NNN Fresh & Easy Neighborhood Market at 8765 Trautwein Road in Riverside, CA for $2,475,000. Built in 2007, Fresh & Easy occupies a 14,500-square-foot free-standing building situated on a 1.41-acre parcel of land situated within Orangecrest Towne Center, a community shopping center anchored by Kohl's. Hanley Investment Group Sells Single-Tenant Fresh & Easy Neighborhood Market for $2,865,000, Cap Rate 6.6% (2009-04-18)
Edward B. Hanley of Hanley Investment Group Real Estate Advisors represented the buyer and seller in the sale of a single-tenant Fresh & Easy Neighborhood Market in Loma Linda, Calif. The purchase price was $2,865,000, at a 6.6% cap rate. The 15,000 sq. ft. single-tenant Fresh & Easy Neighborhood Market is located at 25694 Redlands Boulevard. Positioned at the signalized intersection of Redlands Blvd. and Mountain View Ave., the property is situated on 2.1 acres and was built in 2009. Fresh & Easy is a subsidiary of UK-based Tesco, the third largest retailer in the world and the largest retailer in the UK. Tesco operates over 3,200 stores across 12 countries. Hanley Investment Group Sells Multi-Tenant Retail Strip Center in Orange County, CA for $4,325,000, $532 PSF (2009-03-24)
Carlos J. Lopez of Hanley Investment Group represented the seller in the sale of Home Place, a multi-tenant retail strip center at 1935 East 17th Street in Santa Ana, Calif. The purchase price was $4,325,000, representing $532 per square foot. The subject property is a .55 acre out parcel to an Orchard Supply Hardware (OSH) anchored shopping center. The freestanding four-tenant building includes Union Bank, Cantaloop Yogurt, Ritz Nails and Dorazio Learning Center. Hanley Investment Group Sells Shopping Center in Riverside County, CA for $9,950,000, $397 psf (2009-03-09)
Hanley Investment Group Real represented the seller in the sale of Newport Crossing, a 25,049 SF shopping center in Riverside County in Menifee, CA. The purchase price was $9,950,000, representing $397 per square foot. Located at Newport Rd. and Murrieta Rd., the 4-acre property is anchored by Jack in the Box’s new Quick Stuff convenience store concept, which includes a Shell Gas fuel station and full-size Jack in the Box restaurant with drive-thru. Other tenants in the center include Great Clips, Hollywood Video, IHOP, Submarina, UPS Store and Verizon Wireless. The property was built in 2006, and was 87 percent occupied at the time of sale. Hanley Investment Group Reps Buyer & Seller in Sale of Shopping Center in Ft. Worth, TX (2008-06-09)
Eric Werner and Kevin Fryman of Hanley Investment Group represented the buyer and seller in the sale of Rufe Snow Village, a 99,331-square-foot neighborhood shopping center in North Richland Hills, TX. The property was sold for an undisclosed amount. The buyer was Lamar Companies from Littleton, Colo. The seller was an undisclosed private investment company based in Los Angeles, Calif. The property, which was 85% occupied at the time of sale, is anchored by 99 Cents Only. Hanley Investment Group & Voit Commercial Brokerage Sell Ralphs Grocery Anchored Shopping Center in Glendale, CA for $19,500,000 (2008-05-30)
Edward B. Hanley and Eric P. Wohl of Hanley Investment Group of Irvine, Calif. teamed up with Michael Hefner of Voit Commercial Brokerage of Orange, Calif. to represent the seller, Glendale Square LLC, otherwise known as FKC Properties, Inc. of Placentia, Calif., in the sale of a Ralphs grocery-anchored shopping center in Glendale, Calif. for $19,500,000, representing a 6.05 percent cap rate and $422 psf. Hanley Investment Group Closes Three Shopping Center Sales at Record Prices Totaling $12,450,000 (2008-05-07)
Hanley Investment Group Real Estate Advisors negotiated the sale of three multi-tenant shopping centers in Southern California for a total consideration of $12,450,000. The sale transactions were at high sale prices per square foot and historically low cap rates, with one property even closing at above the listed price, which further demonstrates that demand has not slowed for well located properties with a quality tenant mix. Recently, Hanley Investment Group represented the buyer and seller in the $47.2 million sale of a high-profile neighborhood shopping center in Chino Hills, Calif. Hanley Investment Group Awarded Listing to Sell Prime Commercial Development Opportunity on Highway 95 in Idaho (2008-04-04)
Hanley Investment Group has been awarded the exclusive listing to market for sale a prime commercial development opportunity in Hayden, Idaho. Known as Hayden Crossroads, the 164-acre property is located at the southwest corner of US Highway 95 and Lancaster Road and can be sold in portions as small as 10 to 20 acres. Currently zoned light industrial, the City of Hayden Comprehensive Plan allows for commercial and light industrial uses in an area with a strong need for a project to service both recent residential growth and tourists visiting nearby Coeur d’Alene, the thriving luxury resort and lake community located south of the property. The 164-acre opportunity is listed for $29,575,000 on behalf of the seller, New Frontiers Investments, LLC of Los Angeles, Calif. 1 2 3 >> |
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