Case Study:

The Marketplace @ Palm Desert

Palm Desert, CA

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We are seeing investment-sales activity increase in the Coachella Valley as investors take advantage of low interest rates and improving leasing conditions.

- Ed Hanley, Hanley Investment Group

The Hanley Investment Group Advantage

  • Procured High Net Worth Private Investor from Southern California
  • Buyer Assumed and Re-Cast Swap Rate Loan with Wells Fargo Bank
  • Buyer Met Specific Financial Requirements with Wells Fargo to Assume Loan
  • Record Low Cap Rate for Grocery/Drug Anchored Shopping Center in Coachella Valley

Sale Specifics

  • Grocery/Drug Anchored Shopping Center
  • 96,000 Square Feet; 90% Occupancy
  • Stater Bros, Walgreens, True Value Hardware