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Hanley arranges $9.3 million sale of Sprouts-anchored retail in Victorville

The transaction includes a 21,000-square-foot junior box lease-up opportunity at the property in Victorville.

Reported · Written up by our desk · Industry

ConnectCRE reports that Hanley Investment Group Real Estate Advisors arranged the $9.3-million sale of a Sprouts-anchored retail property with a 21,000-square-foot junior box lease-up opportunity.

The property is located in Victorville, which ConnectCRE describes as one of the fastest-growing markets in Southern California.

SVP Sean Cox and EVP Kevin Fryman represented both the seller and the buyer, according to ConnectCRE.

ConnectCRE also states that the seller was a private advisory and investment firm based in Los Angeles, while the buyer, California Gold Development Corp., is headquartered in Sonora.

Latest closeGold $4,189.00 ▲0.2%

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