Case Study:

Plaza de Hacienda

Palm Desert, CA

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We procured a southern California 1031 exchange buyer that paid 10% more than the next closest offer.

The Hanley Investment Group Advantage

  • Southern California 1031 Exchange Buyer
  • Buyer Assumed Existing Life Insurance Co. Loan with Less than 4 Years Remaining
  • Overcame Low Grocery Sales Volumes with 8-Year Lease Extension and Recent Store Remodel
  • Procured Buyer that Paid 10% More than the Next Closest Offer
  • Generated 10 Offers

Sale Specifics

  • Grocery/Drug Anchored Shopping Center
  • Anchored by Albertsons, CVS/pharmacy and Dollar Tree
  • 149,115 SF