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

-
By California RealEstateRama -

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.

RELATED ARTICLESMORE FROM AUTHOR

Previous articleMyers Team Dominates Las Vegas Short Sale Market
Next articleHUD TO EXPAND SALE OF TROUBLED MORTGAGES THROUGH PROGRAM DESIGNED TO HELP BORROWERS AVOID COSTLY, LENGTHY FORECLOSURES