Indio and Perris, Calif. — Hanley Investment Group Real Estate Advisors has brokered the sales of two newly constructed properties in California, both leased to 7-Eleven, for a total of $10.2 million. Bill Asher and Jeff Lefko of Hanley represented the sellers, entities doing business as TSC Perris LLC and TSC Indio Golf Center LLC, in both transactions and procured the 1031-exchange buyers.
The first property, comprising 3,494 square feet in Indio, was acquired by a private investor for $5.2 million. Rick Lazar of Lee & Associates represented the buyer. A Los Angeles-based private investor acquired the second property, which totals 2,950 square feet in Perris, for $5 million. Pooya Dayanim of Dayanim Real Estate Corp. represented the buyer in the transaction.