Hanley Investment Group Arranges $13.1 Million Sale of Safeway-Anchored Shopping Center in Prescott, Arizona

Prescott, Ariz. — Hanley Investment Group has arranged the $13.1 million sale of Willow Creek Village, a 165,065-square-foot, Safeway-anchored shopping center in Prescott. The property was 97 percent leased at the time of sale to tenants including Snap Fitness, Dunn-Edwards, C-A-L Ranch Stores and Bealls Outlets. Safeway, C-A-L Ranch Stores and Bealls Outlets combine to occupy 81 percent of the center. Kevin Fryman, Edward Hanley and Lee Csenar of Hanley Investment Group represented the seller, Columbus Pacific Properties. The buyer, Glenwood Development Co. LLC, was self-represented.

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