Hanley Investment Group Negotiates Sale of Hammer Plaza in Stockton and Achieves Well Above List Price

Hanley Investment Group Negotiates Sale of Hammer Plaza in Stockton and Achieves Well Above List Price

CORONA DEL MAR, CALIF. – January 14, 2015 – (RealEstateRama) — Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Eric Vu negotiated the sale of Hammer Plaza, a 20,388-square-foot multi-tenant shopping center, for $1.4 million, well above the asking price.

“Hammer Lane is the main arterial of Stockton, with over 36,000 cars per day and provides easy access to the 99 and 5 freeways,” said Vu. “Within a 5-mile radius of the retail center, there are 258,000 people with an average annual income of $58,000.”

Vu represented the buyer, a private investor in Tracy, Calif., and the seller, a local investor in Stockton, Calif.

More

SHARE
Hanley Investment Group
Hanley Investment Group
Hanley Investment Group News Room   Real Estate Research Center
Press Releases - News - in News - in Social WebSite - in News - in Social - in Web

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.

Contact:
Phone: (949) 585-7610