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Follow on Google News | Hanley Investment Group Sells Multi-Tenant Shopping Center in Monument, CO for $3,762,000Buyer Pool is Strong in Colorado; Over 7 Qualified Offers Received
By: Hanley Investment Group Real Estate Advisors Located at 556-590 W. Highway 105, in Monument, Colo., the 16,399-square- “The property was purchaseddue to its immediate intrinsic value with below market rents. The buyer plans to hold the property for a long period of time and enjoy the cash flow," said Patrick G. Kent, senior vice president of Hanley Investment Group. "With over 7 qualified offers on the property, this sale sets a precedent that the buyer pool of multi-tenant retail is strong." The buyer was a private group from San Diego, Calif. The seller was a private investor from Highlands Ranch, Colo. About Hanley Investment Group Real Estate Advisors Built on a solid foundation of performance, integrity and dedication, Hanley Investment Group Real Estate Advisors is a boutique retail investment brokerage firm with a $3.5 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. End
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