Mo’ Bros

IRVINE, CALIF. - October 29, 2013 - (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 the sale of a high profile development opportunity in Los Angeles, Calif., vacant land that was used as a parking lot for the former Jerry's Deli. The buyer, a private investor from Inglewood, Calif., was represented by Carlos J. Lopez of Hanley Investment Group's HI Urban Retail Advisors. The seller, a private investor based in Studio City, Calif., was represented by Hanley Investment Group's Jonathan Selznick. The purchase price was $2,300,000.