Hanley Investment Group Arranges $15.2 Million Sale of Single-Tenant LA Fitness

by Katie Sloan

Riverside, Calif. — Hanley Investment Group has arranged the $15.2 million sale of a newly built, 45,000-square-foot single-tenant LA Fitness located in Riverside.

Pat Kent and Bill Asher of Hanley Investment Group worked on behalf of the seller, GRAE La Sierra LLC, and George Ragheb of Entrance Homes Inc. represented the buyer, a Lakewood, California-based private investor, in the transaction. 

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