Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million

Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million

IRVINE, CA – June 11, 2012 – (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 Patrick G. Kent represented the buyer and seller in the sale of a single-tenant Panera Bread in Temecula, Calif. The purchase price was $2,715,000, representing a 6.43% capitalization rate and $560 per square foot.

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