123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Hanley Investment Group Sells Sprouts Anchored Shopping Center In San Diego For $12,450,000

Profile Picture
By Author: Abashley Barnett
Total Articles: 294
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

(1888PressRelease) Hanley Investment Group represented the buyer and seller in the sale of Bernardo Heights Plaza, a 37,729 sq. ft. Sprouts-anchored shopping center located at 15727 & 15731 Bernardo Heights Parkway in Rancho Bernardo, Calif.

San Diego, CA - 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 and Edward B. Hanley represented the buyer and seller in the sale of Bernardo Heights Plaza, a Sprouts-anchored shopping center in the upscale master-planned community of Rancho Bernardo in San Diego, Calif. The purchase price was $12,450,000.

"Other than single-tenant net leased assets, grocery-anchored shopping centers continue to be one of the most sought after retail investments in today's market," said William B. Asher, managing director at Hanley Investment Group.

Bernardo Heights Plaza is located at 15727 & 15731 Bernardo Heights Parkway in Rancho Bernardo. The multi-tenant shopping center is 37,729 square feet and situated ...
... on 3.22 acres. The center was built in 1983, and was remodeled in 2006. The property is anchored by Sprouts and also includes tenants: Tuesday Morning, Bernardo Heights Dental Group, Majestic Nails & Spa, Sports Clips and Wholesome Choice Pet Market. The center was 100% occupied at the time of sale.

"Based on the response we received from the market it is clear that buyer demand for well-anchored shopping centers in San Diego County remains high," said Edward B. Hanley, president of Hanley Investment Group.

The buyer was ROIC BHP, LLC of San Marcos, Calif. The seller was MPC Bernardo Heights, L.P. of Anaheim, Calif.

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 three billion dollar 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.http://www.hanleyinvestment.com or call (949) 585-7610.

Total Views: 297Word Count: 414See All articles From Author

Add Comment

General Articles

1. Discover Luxurious Living At Imperial Estates By Sapphire
Author: Star Estate

2. Best Air Conditioning Services In Dubai
Author: Amulya

3. How To Choose Best Software Company Near Me: A Step-by-step Guide
Author: davidjohansen

4. Why Businesses Prefer Working With Software Company Near Me?
Author: davidjohansen

5. 5 Reasons To Hire Software Company Near Me For Your Next Project
Author: davidjohansen

6. Rhode Island Auto Accident Law Firm
Author: Tapalian Law

7. Revolutionize Your Shopping With Try On Clothes Virtually: A Complete Guide
Author: Max

8. How To Choose Reliable Experts For Macbook Repairs?
Author: Fix Laptops

9. British And Irish Lions: Genge Leads As Van Der Merwe Falters
Author: eticketing.co

10. Future Outlook Of The Electric Vehicle market
Author: Rutuja kadam

11. Unforgettable Dubai To Usa Tour Packages – Book Today
Author: nithin

12. What Security Features Should A Jewelry Website Have?
Author: Listany

13. How Lab Automation Is Transforming Healthcare And research
Author: Rutuja kadam

14. Ready To Upgrade? Switch To Udyog Cloud Erp Today!
Author: Udyog

15. Go Digital With Your Loan Services
Author: davidbeckam

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: