Hanley Arranges $6.3 Million Sale of Retail Pad in Southern California

by Hayden Spiess

Palm Desert, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $6.3 million sale of a retail pad located in Palm Desert. Situated within Monterey Crossing, the property comprises 8,370 square feet. Built in 2022, the pad was fully leased at the time of sale. Tenants at the property include Jersey Mike’s Subs, Nekter Juice Bar, Roll-Em-Up Taquitos, Mathnasium and Keith Alexander, DDS. Bill Asher and Jeff Lefko of Hanley represented the developer and seller, Fountainhead Development, in the transaction. Yoram Katz of Peak Commercial represented the buyer, a Los Angeles-based private investor. 

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