Press Releases

A private investor acquired the retail property at 26342 Oso Pky in Mission Viejo, CA from Makena Resources, Inc. for $8 million, or about $533 per square foot. The two-story, multi-tenant retail building was constructed in 2006 at the signalized corner of the Oso Parkway off-ramp in Orange County. The Beverly Plaza building totals 14,458 […]

A NoCal private investor purchased a NNN ground lease occupied by a single-tenant 7-Eleven at Oceanside Plaza in San Diego County. The purchase price was $2.1 mil, which represented a cap rate of 4.29%. Currently under construction, the soon to be completed approximately 2.4k sf 7-Eleven convenience store building plus gas station is situated on

IRVINE, Calif. (November 5, 2014) – Hanley Investment Group, the leading retail investment sales firm in Southern California, kicks off its fourth annual Movember campaign to raise funds and awareness for men’s health, specifically prostate cancer, testicular cancer and mental health problems. Each year, the ‘Mo Bros’ of the firm shave their faces on November

Two recent LA-area retail sales totaled up to $29 mil. The properties, Sierra Commons in Palmdale and Pacific Plaza in Torrance, have a combined 128k sf of retail space. In one of the deals, an investment group led by LA-based Progression Real Estate Investments purchased the leasehold-interest in Sierra Commons, a 104.8k sf community shopping

LOS ANGELES—Two retail centers in Los Angeles County have sold for a total of $29 million, illustrating increasing demand for shopping centers in the Los Angeles market. The Sierra Commons in Palmdale and the Pacific Plaza in Torrance, which total 128,000 square feet, were the two properties to trade hands. “According to Costar, we have

A private investor paid $1.88 mil for a 2.9k sf ($648/sf) 7-Eleven in Denver, CO. The purchase price works out to a 4.60% capitalization rate for the single-tenant, NNN-leased property, one of the lowest for a single-tenant 7-Eleven on record in the state of Colorado. The 7-Eleven, which was built in 2012, is situated on

IRVINE, CA— With historically low interest rates and rising values, private and institutional capital are competing for quality retail assets. Hanley Investment Group has closed 20 deals within the last 30 days, totaling $150 million. “We anticipate the demand to acquire well-located grocery/drug-anchored shopping centers, single-tenant credit retail and high-profile retail properties in established commercial

Here’s the scoop on two single-tenant NNN bank property sales in SoCal totaling more than $12.5 mil. The properties are located in Culver City and Laguna Hills. In Culver City, a single-tenant NNN Wells Fargo Bank at 10011 Washington Blvd, located directly across the street from the headquarters of Sony Pictures Entertainment Studios, traded at

Solana Beach-based MCS Guardian Properties LLC acquired Mission Village, a 53k sf shopping center in Fresno for $8.05 mil ($152/sf). The center is anchored by a new 24-Hour CVS/pharmacy (NAP). Mission Village shopping center is situated on 5.2 acres at the signalized intersection of Shaw Ave and Fresno St, at 335-393 E. Shaw Ave, 4965

A private investor from Arcadia, CA purchased The Shops at Library Court, a high-profile, mixed-use development in Los Angeles, for $6.95 mil. Located at 630 W. 6th St, the property is situated just west of Grand Ave, in the heart of the Financial District in Downtown L.A. It consists of 9.9k sf of highly visible