HANLEY INVESTMENT GROUP HANDLES $3 MILLION STRIP CENTER SALE IN O.C.

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TUSTIN, CALIF. — Hanley Investment Group Real Estate Advisors has handled the nearly $3 million sale of a 9,597-square-foot retail property located at 13842 Newport Ave. in Tustin. Built in 1986 and 100 percent occupied at the time of sale, Walnut Newport Center is a four-tenant strip center anchored by Blockbuster Video. Hanley Investment Group’s Edward Hanley and Eric Wohl represented the seller, Westwood Financial of Los Angeles, in the all-cash transaction, and Chuck Hathoot of Prudential California Realty represented the Orange County, Calif.-based buyer, Lee Family Trust.

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