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Hanley Investment Group Sells El Super Anchored Shopping Center in Pomona, Calif. for $14 Million

Hanley Investment Group Sells El Super Anchored Shopping Center in Pomona, Calif. for $14 Million

IRVINE, CA – May 28, 2013 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Carlos J. Lopez and Kevin T. Fryman represented the seller and Edward B. Hanley represented the buyer in the sale of an El Super anchored shopping center in the Pomona, Calif. The purchase price was $14 million, which represented a 7.61% capitalization rate.