Hanley Investment Group Arranges $13 Million Sale of Single-Tenant Property in Southern California

by Alex Tostado

Temecula, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a 37,000-square-foot single-tenant property leased to LA Fitness in Temecula, California.

The building was delivered earlier this year and sits on 3.7 acres at 29920 Temecula Parkway. Austin Blodgett and Eric Wohl of Hanley Group represented the seller, a private developer based in Irvine, California. Richard Lee of R&L Properties-Cerritos Inc. represented the buyer, a family trust from Los Angeles.

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