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Hanley Investment Directs Sale of ALDI-Anchored Shopping Center in Escondido

Escondido-Valley-Center-CA

ALDI, HomeGoods, BevMo! and Staples are tenants at the 92,169-square-foot Escondido Valley Center in Escondido, Calif.

ESCONDIDO, CALIF. — Hanley Investment Group Real Estate Advisors has arranged the sale of Escondido Valley Center, a retail property located at 1346, 1352 and 1358 W. Valley Parkway in Escondido. An Orange County, Calif.-based family trust acquired the property from El Segundo, Calif.-based Paragon Commercial Group for an undisclosed price.

Situated on 7.2 acres, the 92,169-square-foot property is anchored by ALDI, HomeGoods, BevMo! and Staples. At the time of sale, the property was fully occupied.

Ed Hanley, Bill Asher and Kevin Fryman of Hanley Investment Group represented the seller, while Ken McLeod and Zachary Card of CBRE’s Los Angeles’ office represented the buyer in the deal.

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