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Press releases for hanley investment group
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  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. 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 Promotes Kevin T. Fryman to Vice President (2008-02-26)
Hanley Investment Group Real Estate Advisors has promoted Kevin T. Fryman, an expert in the sale of retail properties, from senior associate to vice president. Fryman has closed over 30 sales transactions totaling more than $100,000,000 throughout Southern California and the western U.S. In the past year, Fryman closed transactions such as Lompoc Corners in Lompoc, Calif. for $16,100,000; Cruse Crossing in Lawrenceville, Georgia for $12,015,000; Archibald’s Plaza in Ontario, Calif. for $7,380,000; and Zitny Plaza in Garden Grove, Calif. for $3,790,000. Hanley Investment Group Awarded Listing to Sell 164-Acre Commercial Development Opportunity in Idaho for $29,575,000; on Hwy. 95, Just North of Coeur d’Alene (2008-02-23)
Hanley Investment Group has been awarded the exclusive listing to market for sale a 164-acre commercial development opportunity in Hayden, Idaho. Known as Hayden Crossroads, the property is located at the southwest corner of US Highway 95 and Lancaster Road. 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 offering is listed for $29,575,000 on behalf of the seller, New Frontiers Investments, LLC. Hanley Investment Group Represents Seller in Record Breaking Sale of Retail Center in Tustin (2008-01-27)
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 (2008-01-26)
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. Hanley Investment Group Represents Seller in Sale of $5,256,000 Multi-Tenant Shopping Center in Victorville, CA, a 5.13% Cap Rate (2008-01-17)
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. 1 2 3 >> |
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