Hanley Investment Group Real Estate Advisors completed the sale of four separate Southern California retail pad and strip center assets totaling more than $32 million. The properties were sold individually as part of a targeted break‑up strategy designed to maximize pricing.
EVP Kevin Fryman and president Ed Hanley represented the seller, an Orange County–based private investor, in all four transactions. They included a five‑tenant pad building located at 745 S. Main St. in Orange, which sold for $9.78 million; two pads at 39028–39196 Winchester Rd. in Murrieta, $8.12 million; a multi‑building strip center located at 1031–1063 East Route 66 in Glendora, $5.85 million; and a 12,564‑square‑foot pad building located at 1820 N. Perris Blvd. in Perris, $8.28 million.
“These four closings demonstrate the continued depth of private‑capital demand for well‑located retail pads and neighborhood strip centers across Southern California,” said Fryman. “Marketing each asset individually allowed us to position the strengths of every property and create competitive bidding environments that drove premium pricing.”
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