Hanley Brown Group Awarded $8,415,000 Listing for Sale of Street Front Retail Property in Whittier, CA
February 05, 2006 (PRLEAP.COM) Business NewsIRVINE, CA – Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of retail properties, announced today it has been awarded the exclusive listing to market Whittier Village in Whittier, Calif. Eric P. Wohl of Hanley Brown Group Real Estate Advisors has been named the listing agent.
Located at the northeast corner of Greenleaf Avenue and Wardman Street, Whittier Village is located in the heart of historic downtown Whittier and is anchored by Whittier Village Cinemas. The 34,920-square-foot street front retail property, built in 1939 and remodeled in 1997, features an outstanding mix of seasoned tenants that cater to surrounding businesses, residents and students. Hanley Brown Group has the shopping center listed for $8,415,000 on behalf of the owner, a private investor located in Los Angeles County.
“The property features excellent accessibility and visibility from both Greenleaf Avenue and Wardman Street and is a unique opportunity in today’s marketplace to purchase a property in an excellent in-fill location with high barriers to entry, below market rents, low management responsibility, with upside potential,” says Eric Wohl.
About Hanley Brown Group Real Estate Advisors
Hanley Brown Group Real Estate Advisors is one of the most dominant retail investment groups in Southern California and a market leader in the exclusive representation of owners in the sale of retail shopping centers. Based in Irvine, California, Hanley Brown Group is led by long-time industry veterans Edward B. Hanley and Gregory S. Brown, both designated CCIMs. As specialists in the sale of retail properties, Hanley Brown Group has earned a lasting reputation for its successful track record, investment expertise, dedication and integrity. For more information, visit the Company’s website at www.hanleybrown.com or call (949) 585-7610.
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