Business

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 represented the buyer and seller in the sale of Oak Grove Crossing, a 22,577-square-foot shopping center shadow-anchored by Target in Riverside County, Calif. Oak Grove Crossing is located at 18283 &18285 Collier Avenue in the city of Lake Elsinore, Calif. The purchase price was $11,565,200.

International award-winning KTGY Architecture + Planning unveiled today the planning and design for a new Experiential Urban Lifestyle development in the City of Westminster, California. Currently called Bolsa Row, the new project will serve as the prominent gateway to “Little Saigon,” the largest Vietnamese community in the U.S., and one of Orange County’s fastest growing treasures.

The countdown to the grand opening has begun for VITAE, a collection of 20 detached single-family homes in the heart of Costa Mesa, developed by Newport Beach-based Planet Home Living and designed by international award-winning KTGY Architecture + Planning of Irvine. KTGY and Planet Home Living have partnered on many successful small-lot communities around the greater Los Angeles area. VITAE is Planet Home Living’s newest community in Orange County. To date, the interest list for VITAE has nearly 170 homebuyers and continues to grow.

CBRE Executive Vice President Philip D. Voorhees and Senior Vice Presidents, Preston Fetrow and Kirk Brummer announced today that they, in conjunction with the National Retail Partners – West (NRP-West) team, completed the sale of Riverlakes Village, a 92,212-square-foot grocery-anchored shopping center in the city of Bakersfield, Calif.

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 new two-tenant retail building occupied by Dunkin’ Donuts/Baskin Robbins Drive-Thru and MOD Pizza at 26722 Portola Parkway in Foothill Ranch, Calif. The 4,150-square-foot pad building is part of Foothill Ranch Towne Centre

International award-winning firm KTGY Architecture + Planning reports that the firm’s residential designs at two brand new neighborhoods by Toll Brothers in The Cliffs village of Summerlin, Granite Heights and Ironwood, have been selling at a brisk pace. Ironwood opened their models on June 8, 2017, and they have already sold 16 homes. The models at Granite Heights opened a week later, and the team has had 14 sales to date.

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-leased Taco Bell property located at 627 N. Wilson Way in Stockton, Calif. The tenant has a 48-year operating history at this location. The purchase price was $1.45 million or $882 per square foot.

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.

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

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

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

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, 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...

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.

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, 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...

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...