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Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that the company has negotiated the sale of two southern California shopping centers in separate transactions, totaling nearly $27 million. Both centers, Vineyard Plaza in Oxnard and Palmdale Promenade in Palmdale, demonstrate investors' continued appetite for well-located value-add opportunities.

IRVINE, CA - April 24, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Jonathan Selznick has joined the company as vice president. Selznick was most recently a broker with Pacific Commercial Investments in Irvine, Calif., where he advised clients on the acquisition and disposition of retail investment properties

IRVINE, CA - April 23, 2012 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that William B. Asher and Patrick G. Kent represented the seller in the sale of a single-tenant Walgreens in Victorville, Calif. The purchase price was not disclosed. The reported cap rate was 5.69%.