Sacramento, Calif. — Hanley Investment Group has arranged the $10.3 million sale of Natomas Shopping Center, a 50,168-square-foot retail center in Sacramento.
Kevin Fryman and Bill Asher of Hanley Investment Group arranged the transaction on behalf of the seller, a private investor from Bakersfield, California. A private investor from the San Francisco Bay area acquired the asset. Natomas Shopping Center was fully leased at the time of sale to tenants such as CVS/pharmacy, Ace Hardware and Dollar Tree. The sale also included a developable pad site.