Press Releases

Press Releases

Hanley Investment Group Negotiates Sale of Grocery-Anchored Shopping Center in Corona for $28.6 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of Sierra Del Oro Towne Centre, a 110,004-square-foot Ralphs grocery-anchored shopping center located at the signalized intersection of Green River Road and Serfas Club Drive in Corona, Calif.

KTGY-designed Elan Menlo Park Targets Silicon Valley’s “Creatives”

International award-winning firm KTGY Architecture + Planning is pleased to announce that Elan Menlo Park, a 146-unit luxury apartment community in Menlo Park, Calif., is nearly complete and has begun leasing. Developed byCityView and Greystar, Elan Menlo Park is a contemporary-designed apartment community located at 3645 Haven Avenue, near major employers, restaurants, shopping, services, medical, education and transit.

DTLA’s South Park by Windsor Retail Space Reaches 100-Percent Occupancy

Kennedy Wilson, a global real estate investment and services firm, has announced the closing of three 10-year leases with major national retailers at the South Park by Windsor mixed-use property in Downtown Los Angeles (DTLA), bringing the ground-floor retail space to 100-percent occupancy. The property is one of South Park’s newest mixed-use high rise developments to recently open
Alexan Webster_KTGY

KTGY Design Transforms City Parking Lot into $135 Million Mixed-Use Destination in Lake Merritt...

International award-winning firm KTGY Architecture + Planning and San Francisco Bay Area office of Trammell Crow Residential (TCR) announce the groundbreaking ceremony on July 19, 2017, celebrating the redevelopment of the parking lot between Webster Street and Valdez Street at 23rd Street into a vibrant mixed-use destination that includes luxury apartment homes, retail, parking, jobs and art.
ACE LA Team

KTGY Architecture + Planning Completes Sixth School Year Mentoring High School Students in Los...

International award-winning KTGY Architecture + Planning announced today the firm’s Los Angeles office has completed its sixth year of teaching and mentoring students attending Bell High School in the City of Bell, Calif. Through the ACE (Architecture-Construction-Engineering) Mentor Program Los Angeles
LA Fitness Montebello

Hanley Investment Group Completes Sale of Single-Tenant LA Fitness in Los Angeles

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, has completed the sale of a single-tenant net-lease retail investment occupied by LA Fitness in Montebello, California. The price could not be disclosed
T.J. Maxx

Hanley Investment Group Completes Sale of Brand New Two-Tenant Retail Property in La Quinta,...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a two-tenant retail building occupied by T.J. Maxx and ULTA Beauty at 78-825 Highway 111 in La Quinta, Calif. The 33,708-square-foot pad building is part of Washington Park Shopping Center, which includes major tenants Target, Lowe’s, Trader Joe’s, ALDI, Stein Mart and Century Theatres. The sale price was $8,862,500

CONGRESSMAN LIEU STATEMENT ON OPENING OF BUILDING 209 ON WEST LOS ANGELES VA CAMPUS

Congressman Ted W. Lieu (D | Los Angeles County) released the following statement regarding the Ribbon Cutting for the newly open Building 209 on the West Los Angeles VA Campus, the first permanent supportive housing development created on the West Los Angeles VA Campus.
Rite Aid Rosamond

Hanley Investment Group Arranges Sale of Single-Tenant Rite Aid in Rosamond, Calif. for $7.6...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant net-lease Rite Aid property located at 2938 Rosamond Boulevard in the City of Rosamond, north of Lancaster/Palmdale, in Southern California’s Antelope Valley. The purchase price was $7,604,000
Mercer Vine

MERCER VINE LISTS FUSION OF SPANISH COLONIAL AND CLASSIC BEVERLY HILLS HOME FOR $15.995...

Mercer Vine, an innovative leader in Los Angeles luxury real estate, has listed the fully re-imagined home at 627 N. Palm Drive for $15.995 million. First built in 1929, the home’s original architect was the vision of renowned architect Ralph Flewelling. After the complete redesign, STANDARD Architecture created a truly unique homage to Spanish Colonial and classic Beverly Hills design located in the heart one of the world’s top luxury destinations. More...
PAH_Mountain View

Palo Alto Housing Breaks Ground on New Affordable Veterans and Workforce Housing in Mountain...

On June 12, 2017, City of Mountain View Mayor Ken Rosenberg, Santa Clara County Board Supervisor Joseph Simitian, State Housing and Community Development Director Ben Metcalf, California Department of Veterans Affairs and other local leaders will celebrate the groundbreaking of Eagle Park Apartments, an affordable residential rental community being developed by Palo Alto Housing (PAH) in the center of Silicon Valley.
Walgreens_Oceanside

Hanley Investment Group Arranges Sale of Single-Tenant NNN Walgreens in Oceanside for $7.4 Million

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a single-tenant absolute net-lease Walgreens property located in north San Diego County at 3507 Cannon Road in Oceanside, Calif.
Meridian_Pasadena 3

Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center...

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California. More...
Villas

SummerHill Apartment Communities to Celebrate Completion of Villas on the Boulevard Apartment Community in...

SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, More...
VITAE

Planet Home Living Nears Completion of New Homes Walking Distance to The Triangle in...

Planet Home Living announces that the first phase of a new limited collection of 20 distinctive, new homes in Costa Mesa is nearing completion.
SolanaBeach_Beachwalk

CBRE National Retail Partners West Completes Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million. More...
McAlister's

Hanley Investment Group Completes Sale of Two Multi-Tenant Pad Transactions in Kansas City Metro...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.
Lawrence Station_

SummerHill Housing Group Announces 994-Unit Mixed-use Master Plan Development on 27 Acres Located within...

SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, announced today its plans to develop 994 residential units in the 65+/-Lawrence Station Area Plan in Santa Clara, California. Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, SummerHill has named this exciting new development Nuev. More...
Rite-Aid_Menifee

Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif. The purchase price was $9 million, which represented a cap rate of 4.72 percent. More...
South Lake Ave

Hanley Investment Group Arranges Sale of Rare Five-Acre Fee-Simple Ground Lease on South Lake...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the firm completed the sale of a rare fee-simple ground lease underlying The Shops on Lake Avenue retail and parking on South Lake Avenue in Pasadena, Calif. The property is shadow-anchored by Macy’s. The terms of the sale could not be disclosed.

Popular Government & Nonprofit Press Releases

DTLA’s South Park by Windsor Retail Space Reaches 100-Percent Occupancy

Kennedy Wilson, a global real estate investment and services firm, has announced the closing of three 10-year leases with major national retailers at the South Park by Windsor mixed-use property in Downtown Los Angeles (DTLA), bringing the ground-floor retail space to 100-percent occupancy. The property is one of South Park’s newest mixed-use high rise developments to recently open

Recent Government & Nonprofit Press Releases

California State Historical Resources Commission To Consider 12 Properties for Action

The California State Historical Resources Commission (Commission) will consider 12 nominations for federal historic designation next Friday, July 28. The Commission meeting will be held at 9 a.m. in the Council Chamber at San Rafael City Hall, located at 1400 Fifth Avenue, San Rafael.