IRVINE, CA – January 23, 2012 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today the company closed out 2011 with the sale of 40 properties totaling over $225 million and more than 1.5 million square feet. Some of the Hanley Investment Group transaction highlights include Hanley Investment (HI) Urban Retail Advisors’ $21 million sale of the landmark 87,000 sq. ft. urban retail/office complex in the South Lake District of Pasadena, Calif.; eight multi-tenant strip centers in the Inland Empire totaling 174,571 square feet for a total consideration of approximately $19 million; along with an array of single-tenant bank, fast food and restaurant investments that included tenants Applebee’s, B ank of America, Carl’s Jr., Chase Bank, Del Taco and Wendy’s.
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