Moreno Valley, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of two multi-tenant retail properties located in Moreno Valley for $10.4 million.
Properties include a two-tenant retail building occupied by Smart & Final Extra! And Dollar Tree, which sold for just over $7 million; and a two-tenant retail building, occupied by Coast Dental office and TitleMax, which sold for $3.3 million. Ed Hanley and Bill Asher of Hanley represented the sellers, Brad Becker of Becker Properties and MV-Perris LLC, respectively, in the transactions.
The Dollar Tree occupied property was sold to GBF Investment LLC, represented by Bob Bonanomi of CBRE. The TitleMax property was sold to TC Enterprise Group LLC, represented by Charles Wong of CCRE Capital Commerce Inc.