Hanley Investment Group Brokers $17.2 Million Sale of Omaha Shopping Center

Omaha, Neb. — Hanley Investment Group Real Estate Advisors has arranged the $17.2 million sale of Applewood Centre, a 112,005-square-foot shopping center located in Omaha. Hy-Vee anchors the property, which was 98.6 percent occupied at the time of sale. Jeff Lefko and Bill Asher of Hanley represented the seller, Woodsonia Real Estate, in the all-cash transaction. A Portland-based family office purchased the property. Hy-Vee has occupied the property since the shopping center’s original construction and has expanded and renovated its store over the past 10 years, adding a drive-thru to the pharmacy, an interior Starbucks Coffee and Wahlburgers, and a full wine and spirits store. Built in 1989 on 12.8 acres, the center features other tenants including Edward Jones, Great Clips, H&R Block, Papa John’s, Pet Supplies Plus and Sun Tan City.