Hanley Investment Group And CBRE Group Inc. Sell Retail Property In Long Beach For $5M

Kevin Fryman, Carlos Lopez, Ed Hanley, and Nathan Holthouser of Hanley Investment Group and CBRE Group Inc. recently facilitated the sale of a retail property in Long Beach. The property, located at 5354 East 2nd St, was sold for a total price of $5,000,000. Spanning an area of 9,000 square feet, the retail asset offers a price per square foot of $555.5.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 5354 East 2nd St
• Market: Long Beach
• Square Footage: 9,000
• Price Per Square Foot: $555.5

The deal was successfully negotiated by Kevin Fryman, Carlos Lopez, Ed Hanley, and Nathan Holthouser. Kevin Fryman, Carlos Lopez, and Ed Hanley of Hanley Investment Group, along with Nathan Holthouser of CBRE Group Inc., represented the parties involved in this transaction.