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Hanley Investment Group Arranges $6.7M Sale of Solana Beach Shopping Center

SOLANA BEACH, CALIF. — Hanley Investment Group has brokered the sale of Gateway @ Cedros, a coastal retail center located in Solana Beach.

A Canada-based real estate investment fund acquired the multi-tenant retail building from an Encinitas, Calif.-based private investment company for $6.7 million, or $837 per square foot.

Located at 100-116 S. Cedros Ave. and 121-129 Lomas Santa Fe Drive, the 8,035-square-foot property fully occupied and anchored by Peet’s Coffee.

Eric Wohl of Hanley Investment represented the seller and buyer in the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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