{"id":1004166313,"date":"2017-02-08T08:43:07","date_gmt":"2017-02-08T16:43:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004166313"},"modified":"2022-12-08T00:39:28","modified_gmt":"2022-12-08T08:39:28","slug":"hanley-investment-coldwell-banker-complete-sale-of-retail-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/","title":{"rendered":"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset"},"content":{"rendered":"<p>By Laura Calugar<\/p>\n<div id=\"attachment_1004166314\" style=\"width: 400px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004166314\" data-attachment-id=\"1004166314\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/ulta-rendering_1000x600\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\" data-orig-size=\"1000,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"ULTA Rendering_1000x600\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg?w=1000\" class=\"wp-image-1004166314 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\" alt=\"A rendering of the ULTA Beauty building in Chico, Calif. \" width=\"390\" height=\"234\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg?resize=300,180 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg?resize=768,461 768w\" sizes=\"auto, (max-width: 390px) 100vw, 390px\" \/><\/a><p id=\"caption-attachment-1004166314\" class=\"wp-caption-text\">A rendering of the ULTA Beauty building in Chico, Calif.<\/p><\/div>\n<p><strong>Chico, Calif.<\/strong>\u2014Hanley Investment Group Real Estate Advisors, in partnership with Coldwell Banker DuFour Realty, announced they have completed\u00a0the sale of a new construction net-leased retail property occupied by ULTA Beauty in Chico, Calif.<\/p>\n<p>The property is located at 2068 Dr. Martin Luther King Jr. Parkway, on a 1-acre parcel anchored by Costco and adjacent to Sierra Nevada Brewing Co. The 10,055-square-foot building was completed in late 2016.<\/p>\n<p>Bill Asher, executive vice president at Hanley Investment Group and Mike Donnelly of Coldwell Banker DuFour Realty represented the seller, Kitchell Development Co. Scott Borgia, senior vice president at Cushman &amp; Wakefield represented the buyer, Bay Area Properties.<\/p>\n<p>\u201cIt was clear the location of the building being positioned in front of a successful Costco was a key selling point, along with the city of Chico being raked #1 in Forbes Magazine\u2019s \u2018Best Places in America,\u2019&#8221; said Asher, in a prepared statement.<\/p>\n<p>Hanley Investment Group procured an all-cash 1031 exchange buyer and structured a 30-day escrow with ULTA opening for business a few weeks prior to closing.<\/p>\n<p><em>Image courtesy of\u00a0Hanley Investment Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two brokers assisted Kitchell Development Co. in selling a 10,055-square-foot single tenant retail building to Bay Area Properties.    <\/p>\n","protected":false},"author":238,"featured_media":1004166314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749,15],"tags":[33904,33903,33906,32799,33902,33905],"class_list":["post-1004166313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-west","tag-bay-area-properties","tag-coldwell-banker-real-estate","tag-costco","tag-cushman-wakefield","tag-hanley-investment-group","tag-ulta-beauty"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hanley Investment, Coldwell Banker Complete Sale of Retail Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset\" \/>\n<meta property=\"og:description\" content=\"The two brokers assisted Kitchell Development Co. in selling a 10,055-square-foot single tenant retail building to Bay Area Properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-08T16:43:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T08:39:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/\",\"name\":\"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\",\"datePublished\":\"2017-02-08T16:43:07+00:00\",\"dateModified\":\"2022-12-08T08:39:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\",\"name\":\"Laura Valean\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"caption\":\"Laura Valean\"},\"description\":\"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura writes and edits in-depth stories on the hottest topics in the real estate industry, but she is also the host of award-winning podcast shows for both brands. Laura holds a B.A. in Journalism and an M.A. in Media Management. \ud83d\udce7 laura.valean@cpe-mhn.com\",\"jobTitle\":\"Senior Editor\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/laura-valean\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/","og_locale":"en_US","og_type":"article","og_title":"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset","og_description":"The two brokers assisted Kitchell Development Co. in selling a 10,055-square-foot single tenant retail building to Bay Area Properties.","og_url":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-02-08T16:43:07+00:00","article_modified_time":"2022-12-08T08:39:28+00:00","og_image":[{"width":1000,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg","type":"image\/jpeg"}],"author":"Laura Valean","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/","url":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/","name":"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg","datePublished":"2017-02-08T16:43:07+00:00","dateModified":"2022-12-08T08:39:28+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg","width":1000,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-coldwell-banker-complete-sale-of-retail-asset\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Hanley Investment, Coldwell Banker Complete Sale of Retail Asset"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38","name":"Laura Valean","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96","caption":"Laura Valean"},"description":"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura writes and edits in-depth stories on the hottest topics in the real estate industry, but she is also the host of award-winning podcast shows for both brands. Laura holds a B.A. in Journalism and an M.A. in Media Management. \ud83d\udce7 laura.valean@cpe-mhn.com","jobTitle":"Senior Editor","url":"https:\/\/www.commercialsearch.com\/news\/author\/laura-valean\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/ULTA-Rendering_1000x600.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004166313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004166313"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004166313\/revisions"}],"predecessor-version":[{"id":1004618975,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004166313\/revisions\/1004618975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004166314"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004166313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004166313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004166313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}