Press releases for hi urban retail

HI Urban Retail Advisors Sells High-Profile REO Retail Building in Long Beach, CA for $3,500,000 (2009-06-01)
HI Urban Retail Advisors represented the buyer and seller in the sale of a 24,925 sq.ft. bank-owned street-front retail building located at the signalized intersection of 3rd Street and Pine Avenue in the heart of Downtown Long Beach, CA. The purchase price was $3,500,000, representing $140 per square foot. The property consists of 23,050 sq.ft. of ground-floor retail space and 1,875 sq.ft. of second story office/loft space. Originally built in 1930 and later renovated in 1945, the subject property was 94% vacant at the time of sale. Starbucks was the only tenant that occupied space at the property at the close of escrow.

Industry Leader Carlos J. Lopez Joins Hanley Investment Group To Launch Hi Urban Retail Advisors (2007-11-06)
Industry Veteran Carlos J. Lopez has joined Hanley Investment Group as president of Hanley Investment (HI) Urban Retail Advisors, a new division of Hanley Investment Group Real Estate Advisors specializing in the sale and advisory of high profile mixed-use and urban retail properties in dynamic commercial districts across the United States. Lopez most recently served as a managing director at Reza Investment Group, where he specialized in the sale of mixed-use and urban street-front retail properties nationwide as well as traditional shopping centers. Lopez has over 17 years of comprehensive experience in retail investment sales and leasing and has participated in excess of $650 million in sales and nearly 150 closed transactions.