Hanley Investment Group Finalizes $33.8 Million Retail Sales Strategy in Santa Clarita
Hanley Investment Group Real Estate Advisors has completed a break-up retail sales strategy at Centre Pointe Marketplace in Santa Clarita, totaling $33.8 million. Executive Vice President Kevin Fryman and Vice President Sean Cox represented both the seller—Spirit Properties, Ltd. of Santa Clarita—and the buyers in two separate, off-market retail transactions.
The most recent sale involved a two-tenant property located at 26583-26591 Carl Boyer Drive, home to DICK’S Sporting Goods and Burlington. The asset was acquired by an institutional investor for $25 million.
Prior to that, Cox and Fryman brokered the sale of a new 30,624-square-foot, single-tenant Sky Zone Trampoline Park, also at Centre Pointe Marketplace. The property at 26583 Carl Boyer Drive was purchased for $8.75 million by a 1031 exchange buyer based in Washington state.
“These transactions reflect the strength of our developer relationships and our ability to source off-market opportunities that align with buyer goals,” said Cox.
The successful execution of this break-up sales strategy underscores Hanley Investment Group’s expertise in retail investment advisory and complex deal structuring.
