ASHLEY FURNITURE BUYS FORMER WICKES BUILDING

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SANTA CLARITA, CA Ashley Furniture Industries purchased the former 41,850-square-foot Wicke's furniture building in Santa Clarita for $3.7 million. The building is located at 26520 Carl Boyer Drive inside the Centre Pointe Marketplace. Ashely Furniture will anchor the 650,000-square-foot retail center. Aaron Hodgdon of Hodgdon Group Realty represented Ashley Furniture. The seller, C-III Loan Asset Management, was represented by Matthew Sullivan, a managing director with Lee & Associates-Investment Services Group, Christine Deschaine, a principal out of Lee & Associates-LA North/Ventura office and associate Stephanie Skrbin.

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