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20

Hanley Investment Group Arranges Sale of Sacramento Retail Center

By Tony Seruga

Situated in the North Natomas community, the one-story property was sold in an off-market transaction. The asset was recently evaluated at approximately $5 million.

Donahue Schriber Realty Group has sold Westlake Village, a 31,980-square-foot retail center in Sacramento, Calif., located at 3501-3511 Del Paso Road. The sale also included an additional 4-acre site prone to future development.

Hanley Investment Group Real Estate Advisors Executive Vice President Bill Asher, President Ed Hanley and Ten-X represented the seller, while Associate Eric Vu represented the buyer, a family trust from San Francisco’s East Bay which traded out of a northern California-based retail property to fulfill a 1031 exchange…

Hanley Investment Group Arranges Sale of Sacramento Retail Center

Categories : Commercial Real Estate

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