Hanley Brown Group Represents Buyer and Seller in the $2.3 Million Sale of Hollywood Video/Quiznos in Pasadena, Texas (2006-03-15)
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of shopping centers, announced today Eric P. Wohl of Hanley Brown Group represented the buyer and seller in the sale of a Hollywood Video/Quiznos two-tenant net leased investment in Pasadena, Texas. The 6,656-square-foot pad building, located just east of the signalized intersection of Fairmont Parkway and Preston Avenue, sold for $2,175,000 at a cap rate of 6.89%.
