Hanley Investment Group Brokers Sale of Five Retail Outparcels at Citrus Landing in Riverside Hanley Investment Group brokered the sale of five retail outparcels at Citrus Landing, a fully leased, grocery-anchored shopping center in Riverside. The deal involved a swift 16-day escrow and a mix of national and regional tenants. Hanley Investment Group Brokers Sale […]
Hanley Investment Group Completes Landmark Sale of Bank of America in Palm Desert Hanley Investment Group arranged the $2.87M sale of a single-tenant Bank of America in Palm Desert, achieving a record-low cap rate for California in 2023. Record-Low Cap Rate Sale in California Hanley Investment Group Real Estate Advisors successfully arranged the sale of
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 two-tenant, 6,999-square-foot retail pad building occupied by AutoZone and Precision Eyebrow Threading salon at a Target-anchored shopping center in northern Los Angeles County. The
It has not been an easy year in the net lease space but the men and women who help close these deals have persevered, bringing their A game to the table. Even as dealmaking has stagnated, new opportunities have arisen for buyers and sellers and the smart people have rushed to take advantage of them
A new construction, 2.3k sf single-tenant Starbucks Drive-Thru in Fresno sold for $3.18 mil ($1,382/sf). The property is located less than five minutes from California State University, Fresno (25,000+ students). The freestanding Starbucks-occupied building is located at 6082 N. First St, at the signalized intersection of First St and Bullard Ave (50,000 cars per day),
A 2.3k sf, new construction single-tenant Chipotle Mexican Grill property in Sacramento’s North Natomas area sold for $4.95 mil ($2,152/sf). We’re told the deal came in at the highest price per square foot sale of a single-tenant Chipotle drive-thru in the U.S. in 2023. The property features a “Chipotlane” drive-thru for digital orders, which is
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 arranged the sale of a 6,402-square-foot multi-tenant retail pad building shadow-anchored by a Save Mart grocery store in Modesto, California. The sale price was $4.11 million. Hanley Investment Group’s Executive
Real estate advisory Hanley Investment Group has brokered the sale of a newly constructed property occupied by a Raising Cane’s Chicken Fingers Drive-Thru restaurant in Albuquerque, New Mexico. The sale was for an absolute triple-net 15-year ground lease and was the first Raising Cane’s Drive-Thru to open and sell as a leased investment in Albuquerque,
Hanley Investment Group has brokered the sale of two single-tenant net-leased retail investments to different buyers as part of the break-up sale strategy for a new retail development in Southern California’s Imperial Valley. The buildings totaling 7,519 square feet were leased by Starbucks Drive-Thru and the United States Postal Office, and sold for a combined total
Ash Tree Square, an 80.9k sf shopping center in Fresno, was purchased by an Oakland-based private investor in a $15.8 mil ($195/sf) transaction. The property is situated on 7.47 acres at 1029-1077 East Shaw Ave, at one of the highest trafficked intersections in the trade area at East Shaw Ave and North First St. It
