Press releases for hanley investment retail

Hanley Investment Groups Sells Single-Tenant NNN Red Robin Restaurant in Riverside County for $2,040,000 (2010-02-10)
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 Red Robin Restaurant in Menifee, Calif. The purchase price was $2,040,000. Located at 30142 Haun Road in Menifee, the single-tenant Red Robin Restaurant is a pad building situated within Countryside Marketplace, the dominant power center in the region anchored by Super Target, Lowe’s, Kohl’s, Best Buy, Staples and Michaels.

Hanley Investment Group Sells Two Multi-Tenant Retail Strip Centers Totaling $6,050,000 for Westwood Financial (2009-12-15)
Hanley Investment Group represented the seller in the sale of two retail properties in Southern California for a total consideration of $6,050,000. The seller was Westwood Financial of Los Angeles.

Hanley Investment Group Sells Multi-Tenant Retail Strip Center in Bellflower, CA for $2,106,000 (2009-12-09)
Kevin T. Fryman and Eric P. Wohl of Hanley Investment Group represented the buyer and seller in the sale of Bellflower Plaza, a 12,155 sq. ft. multi-tenant retail strip center in Bellflower, Calif. The purchase price was $2,106,000, representing a 6.63% cap rate. Built in 1980, Bellflower Plaza was 92% occupied at the time of the sale.

Hanley Investment Group Sells Multi-Tenant Retail Strip Center for $1,970,000; Nine Offers Received in the First Two Weeks (2009-09-16)
Kevin T. Fryman and Eric P. Wohl of Hanley Investment Group represented the seller in the sale of a 9,171 sf multi-tenant retail strip center in Bellflower, Calif. The purchase price was $1,970,000 representing a 7.37% capitalization rate. Located at Alondra Boulevard and Clark Avenue, the property is situated on a 0.50-acre lot and included tenants Advance America and Domino’s Pizza.

Hanley Investment Group Sells 7-Eleven Anchored Retail Center for $3,800,000 in Riverside, Calif. (2009-07-30)
Jeremy S. McChesney of Hanley Investment Group represented the buyer and seller in the $3.8 million sale of Copper Lantern Center, a 34,644 SF retail center anchored by 7-Eleven in Riverside, CA. The property was built in 1980, and was 80% occupied at the time of sale.

Hanley Investment (HI) Urban Retail Advisors Lists Landmark Pasadena Location for $15,475,000 (2008-09-29)
Hanley Investment (HI) Urban Retail Advisors has been awarded the exclusive listing to market a landmark location on South Lake Avenue in Pasadena, one of Southern California’s most dynamic and well-recognized retail shopping districts. The 24,366 sq. ft. property, which is listed for sale for $15,475,000, is a trophy street-front retail building occupied by Ann Taylor, Pottery Barn Kids and Talbots. The offering is located at 505 South Lake Avenue within 10 blocks of the top regional retailers in Southern California including over 600 businesses. Carlos J. Lopez of HI Urban Retail Advisors has been named the listing agent.