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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.

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Hanley Investment Group

Hanley Investment Group Real Estate Advisors is a boutique real estate brokerage and advisory services company with a $6+ 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, sets 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.

Contact:
Phone: (949) 585-7610