|
|
Press releases for retail property transaction
|
|
|
|
  Hanley Investment Group Closed Four Shopping Center Transactions Valued at Over $50 Million in 30 Days (2011-01-20)
Hanley Investment Group Real Estate Advisors has sold four retail properties totaling over $50 million and more than 130,000 square feet in the last 30 days. They are: Gateway Village in Chino Hills, Calif. (96,959 sq. ft.) for $34 million; Walgreens in Riverside, Calif. (14,991 sq. ft.) for $8.7 million; Walgreens in Oklahoma City, Okla. (14,490 sq. ft.) for $5.94 million; and La Verne Plaza in La Verne, Calif. (6,630 sq. ft.) for $1.7 million. Hanley Investment Group Sells Single-Tenant NNN Red Robin in Apple Valley for $2,275,000 (2010-06-30)
Edward B. Hanley and William B. Asher of Hanley Investment Group represented the seller in the sale of the fee-simple ownership in the land leased to a single-tenant NNN Red Robin Restaurant in Apple Valley, Calif. Located at 18999 Bear Valley Rd., Red Robin occupies a single-tenant 5,532-square-foot pad building situated within the Jess Ranch Marketplace Phase III, one of the dominant power centers in the region anchored by Best Buy, Bed Bath & Beyond, Cinemark, 24 Hour Fitness and Jack in the Box. The purchase price was $2,275,000.
Investec Announces Acquisition of $21 Million Shopping Center The Plaza at Sunbow in San Diego (2010-02-02)
Investec acquired The Plaza at Sunbow in San Diego, California for approximately $21 million. The 100,000 sq.ft. shopping center is anchored by Ralphs and CVS/pharmacy, along with a host of national retailers including Starbucks, McDonald’s, KFC and T-Mobile. The transaction was sourced by Investec as an off-market acquisition opportunity from a private investor. The addition of Sunbow brings Investec’s retail portfolio to nearly 2,000,000 sq.ft. of retail space in California, valued at over $620 million. 1 |
|
