Hanley Investment Group Sells CVS/pharmacy Anchored Shopping Center in Huntington Beach, Calif. for $13,870,000

IRVINE, CA – March 18, 2013 – (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 that William B. Asher, Eric P. Wohl and Edward B. Hanley represented the seller in the sale of a CVS/pharmacy anchored center in Huntington Beach, Calif. The purchase price was $13,870,000, representing a 5.56% capitalization rate and $445 per square foot


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Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with an $8.9 billion transaction track record that specializes in the sale of retail properties nationwide. Our expertise, proven track record, and unwavering dedication to putting clients' needs first, sets us apart in the industry.

Hanley Investment Group creates value by delivering exceptional results through the use of property-specific marketing strategies, cutting-edge technology, and local market knowledge. Our nationwide relationships with investors, developers, institutions, franchisees, brokers, and 1031 exchange buyers are unparalleled in the industry, translating into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties.

Contact:
Phone: (949) 585-7610

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