Case Study:

The Landing

Newport Beach, CA

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This was the highest sale price per square foot at the time of sale for the purchase of a grocery-anchored center in California and was challenging due to the fact that the sale was structured using REIT stock.

The Hanley Investment Group Advantage

  • Highest Sale Price Per Square Foot in the Previous 6 Year Period for a Grocery-Anchored Shopping Center in California
  • Procured Record Cap Rate in Orange County for a Grocery-Anchored Shopping Center
  • Sold Approximately 50 Basis Points Better than Majority of Institutional Buyer Interest

Sale Specifics

  • Ÿ44,300 SF Grocery-Anchored Shopping Center
  • Anchored by 27,000 SF Pavilions
  • Irreplaceable Location in Newport Beach, CA