Hanley Investment Group Facilitates $18.4 Million in Net-Leased Retail Acquisitions for 1031 Exchange Buyer
Hanley Investment Group Real Estate Advisors has successfully arranged the acquisition of seven individual net-leased retail properties totaling $18.4 million on behalf of a 1031 exchange buyer.
The transactions were managed by Hanley’s Executive Vice President and Partner Jeff Lefko, along with Executive Vice President Bill Asher, who represented a private investor based in Minnesota. The portfolio acquired includes a combination of newly constructed and recently developed single-tenant and multi-tenant retail properties, many of which are secured by long-term leases in high-traffic areas.
“Navigating a 1031 exchange requires precision and speed,” said Lefko. “Our long-standing relationships with property owners and developers across the country give our clients early access to a wide range of high-quality assets, including newly constructed properties. In this case, we were able to identify and close on seven properties in multiple states in under two months, ensuring our client met their exchange deadline with confidence.”
This strategic acquisition underscores Hanley Investment Group’s expertise and market reach in facilitating complex 1031 exchange transactions across multiple markets.