Hanley Investment Press Releases

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant BB&T Bank located near Naples, Florida, in the city of Bonita Springs. The purchase price was $6.4 million for a 3,272-square-foot building, representing $1,956 per square foot, ranking the transaction in the all-time top one-percent for a single-tenant bank sale nationwide, according to CoStar.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant In-Shape Health Clubs asset in Contra Costa County, located at 180 Griffith Lane in Brentwood, California

Hanley Investment Group Real Estate Advisors, a nationally-recognized boutique real estate brokerage and advisory firm specializing in the sale of retail properties, announced today that the group raised over $30,000 during its annual Movember campaign. This marks Hanley Investment Group’s seventh year in a row joining the global movement to raise awareness and critical funds for men’s health, by growing a mustache in November. Hanley Investment Group has raised more than $187,000 for the Movember Foundation since 2011.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant corporate MedExpress urgent healthcare center located at the intersection of Columbia Avenue and Capital Avenue in Battle Creek, Michigan. The purchase price was $1,815,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a recently renovated 44,864-square-foot single-tenant retail property occupied by Planet Fitness. The property is located approximately 13 miles from downtown St. Louis in Crestwood, Missouri. The price could not be disclosed.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of Lancaster Triangle, a 35,569-square-foot multi-tenant shopping center in Lancaster, California.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a 24,695-square-foot single-tenant net-leased retail property occupied by Harbor Freight Tools at 2101 East Palmdale Boulevard in Palmdale, California. The purchase price was $2.65 million.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the group has launched its annual Movember fundraising campaign. This year marks Hanley Investment Group’s seventh year in a row joining the global movement to raise awareness and critical funds for men’s health, by growing a moustache in November.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant CVS/pharmacy with a drive-thru at 9407 E. Park Avenue in Houma, the largest city in Terrebonne Parish, Louisiana. The purchase price was $3,350,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, and SRS Real Estate Partners, the largest retail-focused real estate brokerage and advisory firm in North America specializing in property sales, leasing, and tenant representation, announced today that Executive Vice President Eric Wohl of Hanley Investment and Senior Vice President Michael Walseth of SRS’ National Net Lease Group, represented the seller in the sale of a brand new single-tenant McDonald’s ground lease in the City of Azusa, Calif.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of a single-tenant net-leased retail property occupied by Circle K at 5850 W. Indian School Road in Phoenix, Arizona. The purchase price was $1,300,000, which represented a cap rate of 4.62 percent, the lowest recorded closing cap for a Circle K in the U.S. in 2017, according to CoStar.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Executive Vice President Jeremy McChesney has completed the sale of three 7-Eleven properties in separate transactions for a combined value of $9,130,000. The properties are located in Los Angeles, San Diego and Bakersfield, California. One of the transactions had a record-low cap rate for 2017.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Executive Vice President Kevin Fryman represented the buyer and seller in the sale of Seco Canyon Village, a 42,134-square-foot shopping center anchored by CVS/pharmacy located in the Los Angeles metro area. The purchase price was $15,520,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Executive Vice Presidents Bill Asher and Kevin Fryman represented the seller in the sale of Michaels Plaza, a 62,952-square-foot, newly-remodeled regional shopping center anchored by Michaels and located across the street from the 1.2 million square-foot Galleria at Tyler Mall in Riverside, Calif. The sale price was $22,150,000.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a new two-tenant retail building occupied by Dunkin’ Donuts/Baskin Robbins Drive-Thru and MOD Pizza at 26722 Portola Parkway in Foothill Ranch, Calif. The 4,150-square-foot pad building is part of Foothill Ranch Towne Centre, a regional shopping center in Orange County that includes major tenants Target, Hobby Lobby, Michaels, Old Navy and 99 Cents Only Stores. The sale price was $5.7 million.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-leased Taco Bell property located at 627 N. Wilson Way in Stockton, Calif. The tenant has a 48-year operating history at this location. The purchase price was $1.45 million or $882 per square foot.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of Sierra Del Oro Towne Centre, a 110,004-square-foot Ralphs grocery-anchored shopping center located at the signalized intersection of Green River Road and Serfas Club Drive in Corona, Calif. The purchase price was $28.6 million. According to CoStar, this is the second grocery-anchored property to trade in the Inland Empire in the last 24 months.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a single-tenant net-lease retail investment occupied by LA Fitness in Montebello, California. The price could not be disclosed.

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by T.J. Maxx and ULTA Beauty at 78-825 Highway 111 in La Quinta, Calif. The 33,708-square-foot pad building is part of Washington Park Shopping Center, which includes major tenants Target, Lowe’s, Trader Joe’s, ALDI, Stein Mart and Century Theatres. The sale price was $8,862,500.