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Hanley Investment Group Negotiates $4.1M Sale of Four-Tenant Asset in Huntington Beach

Posted on July 19, 2019 by Amy Works in Acquisitions, California, Retail, Western

HUNTINGTON BEACH, CALIF. — Hanley Investment Group Real Estate Advisors has facilitated the sale of a multi-tenant retail building, located at 6946-6968 Warner Ave. in Huntington Beach. A San Diego-based private investor acquired the property from a Newport Beach, Calif.-based private investor for $4.1 million.

Eric Wohl of Hanley Investment Group represented the seller, while Randy Rivera of Capital Real Estate Ventures represented the buyer in the deal.

At the time of sale, the four-tenant, 8,600-square-foot retail property was fully occupied by Trading Post Fan Co., Advanced Dental Huntington Beach, Surf City Nails and Alternative Mind Concepts. Built in 1973, the property is shadow-anchored by Sprouts Farmers Market.

 (SOURCE:  https://rebusinessonline.com/hanley-investment-group-negotiates-4-1m-sale-of-four-tenant-asset-in-huntington-beach/)

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