Hanley Investment Group Arranges Sale of Single-Tenant LA Fitness in Metro Los Angeles

by Katie Sloan

Montebello, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a single-tenant building occupied by LA Fitness.

The 42,946-square-foot property is located in Montebello, roughly eight miles outside Los Angeles. Bill Asher and Ed Hanley of Hanley Investment Group represented the seller, a private partnership based in Orange County, California. The buyer, a publicly traded REIT, was self-represented in the transaction. Terms of the sale were undisclosed. 

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