The retail property located at 26583-26591 Carl Boyer Drive in Santa Clarita has been sold for a transaction amount of $25,000,000. This asset spans a total square footage of 83,953 and has a price per square foot of $298.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $25,000,000
• Address: 26583-26591 Carl Boyer Drive
• Market: Santa Clarita
• Seller: Spirit Properties
• Broker Representation: Sean Cox & Kevin Fryman - Hanley Investment Group
• Square Footage: 83,953
• Price per Square Foot: $298

Hanley Investment Group facilitated the transaction, representing Spirit Properties as the seller. In addition to this sale, Hanley Investment Group completed two off-market retail sales at Centre Pointe Marketplace, totaling $33.8 million, which included the sale of a DICK’S Sporting Goods- and Burlington-anchored property to an institutional investor and a single-tenant Sky Zone Trampoline Park sale to a private 1031 exchange buyer.