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Case Study:

La Grande Town Center

La Grande, OR

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Procured all-cash 1031 exchange buyer for rural market center with vacant former grocer space and over-sized Rite Aid.

The Hanley Investment Group Advantage

  • Procured 14 Qualified Offers
  • Sold to an All-Cash 1031 Exchange Buyer
  • Identified California Investor who Owned Multiple Shopping Centers in Oregon
  • Generated Strong Investor Activity for Rural Market Center with Vacant Former Grocer Space and Over-Sized Rite Aid

Sale Specifics

  • 131,847 SF Multi-Tenant Anchored Retail Center
  • Anchored by Rite Aid Pharmacy, Ace Hardware, Bealls, and Dollar Tree
  • Upside Potential through Anchor Lease-Up