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Follow on Google News | Hanley Investment Group Reps Buyer & Seller in $15,700,000 Sale of Commercial Center in Diamond BarHanley Investment Group Real Estate Advisors, a market leader in the sale of retail properties, represented the buyer and seller in the $15,700,000 sale of a 60,022 sq. ft. mixed-use retail/office center in Diamond Bar, Calif.
By: Anne Monaghan / Monaghan Communications The 60,022-square- “We generated multiple offers after marketing the property, providing further evidence that the appetite for investment properties in Southern California is still very healthy,” said Edward B. Hanley, president at Hanley Investment Group. Hanley also notes the buyer released a non-refundable deposit to the seller in less than a week to secure the deal. “The property was a unique investment opportunity that featured a well-balanced mix of retail and office tenants that cater to the surrounding area,” said Eric L. Werner, senior associate at Hanley Investment Group. “The buyer acquired a commercial center that benefits from excellent exposure and visibility in a trade area with very low vacancy.” The buyer was a private investor based in El Monte, Calif. The seller was Aspen Management Company of Tarzana, Calif. Built on a solid foundation of performance, integrity and dedication, Hanley Investment Group Real Estate Advisors is a boutique retail investment advisory firm with a $1 billion transaction track record that is comprised of innovative specialists delivering unparalleled service and superior results that consistently exceed client expectations. Hanley Investment Group’s expertise, commitment and unwavering focus of putting the client’s needs first have continued to set the company apart in the industry. Hanley Investment Group works closely with individual investors, developers, and institutional property owners in every facet of the transaction to insure that the highest value is achieved. Clients rely on Hanley Investment Group to be the most knowledgeable and trusted source for valuation services, market information and retail property acquisitions and dispositions. For more information, visit the Company’s website at www.hanleyinvestment.com or call (949) 585-7610. # # # For more information, contact: Eric L. Werner Hanley Investment Group Real Estate Advisors 2569 McCabe Way, Suite 100 Irvine, California 92614 949.585.7678 ewerner@hanleyinvestment.com Website: www.hanleyinvestment.com End
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