REBusinessOnline

HANLEY INVESTMENT GROUP BROKERS $15M RETAIL CENTER SALE

Posted on by in Retail, Western

NATIONAL CITY, CALIF. — Vancouver, Canada-based Amir Khalili has purchased a 68,084-square-foot shopping center, which is located at the intersection of Euclid Avenue and East Plaza Boulevard in National City. Tiburon, Calif.-based National Properties VII LLC sold the property for $15 million. At the time of acquisition, the property was 100 percent occupied by Ralphs, Walgreens, Blockbuster Video and Firestone Tires. Edward Hanley of Hanley Investment Group Real Estate Advisors represented both parties in the transaction.

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