Press release
Hanley Investment Group Arranges Sale of 250,787 SF Community Shopping Center in Monrovia, Calif.

Huntington Oaks Center includes Trader Joe's, Burlington, Marshalls, Crunch Fitness, Kohl’s (NAP), Chili's Grill & Bar, Mimi's Cafe, Chipotle Mexican Grill, and Panda Express
Huntington Oaks Center, built in 1984, is situated on 22.41 acres at 500-690 West Huntington Drive in Monrovia and is visible from the 210 Freeway. The shopping center was 75% occupied at the time of the sale. Within a five-mile radius, there are 345,000 people with an average household income of $188,000.
Hanley Investment Group represented the seller, a private investor based in Newport Beach, California. The Los Angeles-based buyer represented themselves. According to Hanley Investment Group, the company procured a buyer with whom it had previously executed similar complex transactions and who had strong big-box anchor tenant relationships, providing the seller with the surety of closing. Additionally, by demonstrating the future value of leasing up the vacant spaces and implementing a break-up sale strategy to sell the individually parceled buildings, Hanley Investment Group was able to maximize the sale price.
About Hanley Investment Group
Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with over an $11 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 set 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.
For more information, visit www.hanleyinvestment.com [http://www.hanleyinvestment.com/].
Media Contact
Company Name: Hanley Investment Group Real Estate Advisors
Contact Person: Anne Monaghan | Monaghan Communications
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hanley-investment-group-arranges-sale-of-250787-sf-community-shopping-center-in-monrovia-calif]
Phone: 949.585.7610
Address:3500 East Coast Highway, Suite 100 Suite 109
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/
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