Chino Hills, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of two multi-tenant retail properties in Chino Hills for a combined $19.1 million. Ed Hanley, Bill Asher and Jeff Lefko of Hanley Investment Group represented the seller, VantageOne Real Estate Investments, in both transactions.
The first transaction included the $11.4 million disposition of Chino Hills Grand Plaza to a Burbank, California-based private investor. The 12,948-square-foot retail building was leased to First Citizens Bank, Pacific Dental Services, It’s Boba Time and Pick Up Stix at the time of sale. Ron Duong of Marcus & Millichap represented the buyer in the transaction.
The second transaction included the $7.6 million disposition of Gateway Village to a private investor based in Santa Clarita, California. The 14,771-square-foot property was fully leased to Dunn- Edwards and Sit ‘n Sleep at the time of sale. Tim Byrne of Compass represented the buyer in the transaction.