Press releases for retail realestate brokerage

Hanley Investment Group Hires Jonathan Selznick as Vice President (2012-04-24)
Jonathan Selznick has joined Hanley Investment Group as vice president. Selznick brings to the company over 20 years of experience in senior sales management positions throughout his career and was most recently a broker with Pacific Commercial Investments in Irvine, Calif., where he advised clients on the acquisition and disposition of retail investment properties.

Hanley Investment Group Sells Two Single-Tenant Walgreens Totaling Over $13 Million (2012-03-08)
Hanley Investment Group Real Estate Advisors negotiated the sale of two single-tenant Walgreens for a total consideration of more than $13 million. The properties were located in Downey, Calif. and Tucson, Arizona.

Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million (2012-02-22)
Kevin T. Fryman of Hanley Investment Group Real Estate Advisors represented the seller in the sale of a single-tenant NNN leased investment, La Barca Restaurantes, a 3,664 sq. ft. restaurant in Pico Rivera, Calif., offering authentic, fresh-made Mexican food. The purchase price was $1,400,000, which represented a cap rate of 6.50%. The tenant has 7 years remaining on the lease.

Lucescu Realty Announces 2nd Part of the Sale of Scottsdale Promenade in Arizona to Excel Trust for a Total Consideration of $166 Million (2012-01-25)
Lucescu Realty has sold the class A office property, Promenade Corporate Center, for $56 million. The transaction marks the second half of a larger deal involving the Scottsdale Promenade, for a total consideration of $166 million. The promenade's retail component was acquired by Excel Trust in the third quarter of 2011 for $110 million. The Scottsdale Promenade is a 1-million-square-foot mixed-use project in Scottsdale, Arizona. The seller was a local, private investor represented by Lucescu, who also procured the buyer Excel Trust, a publicly-traded REIT.

Hanley Investment Group Concludes 4th Quarter 2011 with Burst of Closings; More Closings to Follow in 2012 (2012-01-24)
Hanley Investment Group closed out 2011 with the sale of 40 properties totaling over $225 million and more than 1.5 million square feet. With just a few weeks into 2012, Hanley Investment Group already has a combined total in excess of $200 million in escrow and listings, plus a bevy of buyer requirements to fill.

Present Value Properties Names Shannon Labowitz-Coleman as Associate Broker (2012-01-24)
Present Value Properties has named Shannon Labowitz-Coleman as Associate Broker. Labowitz-Coleman will be responsible for managing and sourcing new retailer and landlord representation assignments. She is the daughter of retail real estate industry veterans Bernie and Marcia Labowitz and has more than 20 years of industry experience.

Ryan Gast Joins Present Value Properties as Associate Broker (2011-07-25)
Ryan Gast has joined Present Value Properties as Associate Broker. Gast will be responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties currently has 650,000 SF of retail space listed throughout Southern California and exclusively represents a variety of chain retailers throughout Southern California including Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut, and Payless ShoeSource.

Retail Real Estate Veteran Britt Nelson Joins Present Value Properties as Vice President (2011-07-05)
With nearly 25 years of experience in commercial real estate and corporate sales and marketing, Britt Nelson has joined Present Value Properties as Vice President and will be involved in building Present Value Properties into a multi-state real estate brokerage and consultancy.

Gold Max Opening 100 New Stores in 1 Year in So. CA (2011-06-29)
Gold Max of California plans to open 100 Gold Max stores in Southern California within the next year. With more than 150 stores, Gold Max operates the United States’ largest chain of stores specializing in buying gold and precious metals from consumers. Present Value Properties is Gold Max's exclusive real estate broker for California. Gold Max offers a 110% best price guarantee.