Category: Statewide Business News

Going Green: Suburban Propane collaborates with U-Haul to offer renewable propane in California

CALIFORNIA — Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, has announced an agreement with U-Haul® to provide eco-friendly, renewable propane in California. Renewable propane, used to power over-the-road vehicles and forklifts, offers extremely low carbon emissions and is made using […]

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Single-tenant Starbucks drive-thru at Lake Elsinore Marketplace sells for $3.8M

LAKE ELSINORE, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a single-tenant Starbucks Drive-Thru at Lake Elsinore Marketplace, a 144,034-square-foot shopping center anchored by Costco, Lowe’s, Grocery Outlet, PetSmart and Dollar Tree. The sale price was […]

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Raising Cane’s brings its ONE LOVE® to Corona “Caniacs”

CORONA, Calif. — Raising Cane’s Chicken Fingers, one of America’s most popular quick-service brands known for its ONE LOVE® – quality chicken finger meals – made its Corona debut today at 1215 E. Ontario Ave. Corona’s new Raising Cane’s offers take-out, drive-thru service and dining on its patio. It is now open Sunday through Wednesday from 9 a.m. to 2 […]

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Chino Hills building with 99 Cents Only store sells for $2.5M

CHINO HILLS, Calif. — Wood Investments Companies, Inc., a leading California commercial real estate investment and management company specializing in retail, announced today the acquisition of a single-tenant retail investment occupied by 99 Cents Only Stores totaling 28,240 square feet on 2.09 acres in Chino Hills, California. The purchase price was $2.5 million. 99 Cents Only is located at 4050 […]

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Meridian and Harrison Street purchase Orange County building for medical office conversion

NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 110,400-square-foot, four-story Class-A office building in Irvine, California in a joint venture with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets. The […]

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Multi-tenant retail building at Lake Elsinore Marketplace sells for $3.8 million

LAKE ELSINORE, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a multi-tenant retail building at Lake Elsinore Marketplace, a 144,034-square-foot shopping center anchored by Costco, Lowe’s, Grocery Outlet, PetSmart and Dollar Tree. The sale price was […]

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Two multi-tenant retail buildings at Inland Empire shopping center fetch $5.2 million

CORONA. Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of two multi-tenant retail buildings at Village Grove Plaza, a Stater Bros. Markets- and Crunch Fitness-anchored shopping center in Corona, California. The sale price was $5.2 million. LEADING […]

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Sale of building occupied by County of San Bernardino fetches $13.5 million

SAN BERNARDINO, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a single-tenant building occupied by the County of San Bernardino located at 265 East 4th Street in San Bernardino, California. The sale price was $13,450,000. LEADING THE RCNS HEADLINES: […]

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Sale of Ontario building occupied by Assure Dental and Verizon fetches $4 million

ONTARIO, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a two-tenant, retail pad building occupied by Assure Dental and Verizon Wireless store shadow-anchored by Sam’s Club at The Marketplace at Ontario Center in Ontario, California. The sale […]

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Calexico single-tenant ALDI sells for $2.6 million

CALEXICO, Calif. — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant ALDI in Calexico, California. The sale price was $2,640,000 for the triple-net absolute ground lease, representing a 5% cap rate. This transaction represents Hanley Investment […]

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