{"id":1004366114,"date":"2019-11-06T02:37:18","date_gmt":"2019-11-06T10:37:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004366114"},"modified":"2025-02-27T21:53:58","modified_gmt":"2025-02-28T05:53:58","slug":"hanley-investment-brokers-beverly-hills-retail-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-brokers-beverly-hills-retail-sale\/","title":{"rendered":"Hanley Investment Brokers Beverly Hills Retail Sale"},"content":{"rendered":"
\"\"<\/a>

301-311 N. Robertson Blvd. Image courtesy of Hanley Investment Group<\/em><\/p><\/div>\n

GEK Construction Inc. has purchased an 8,745-square-foot retail property in Beverly Hills, Calif., from a Long Beach-based family trust. The asset traded for $8 million, which equates to $920 per square foot.<\/p>\n

Hanley Investment Group Real Estate Advisors Executive Vice President Carlos Lopez, Vice President Lee Csenar and President Ed Hanley represented both parties in the transaction. The acquisition comes at the heels of the sale of a 9,000-square-foot retail property<\/a> in Long Beach, Calif. <\/p>\n

Located at 301-311 N. Robertson Blvd., the asset is less than a mile from the Golden Triangle\u2014an area in Beverly Hills with the most prestigious retail addresses in the world\u2014and close to the future Metro station at Wilshire and La Cienega boulevards. According to Csenar, the center has more than 120 feet of frontage and is situated in a dense residential area, with 849,000 people with an average household income is $193,000 living within a 5-mile radius.<\/p>\n

Completed in 1951, the retail center had a 28 percent vacancy rate at the time of sale. The tenant roster includes companies such as Altman\u2019s Surfaces, Hair by Violet, Art One Gallery and Beverly Hills U.S. Mail Boxes.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Providing easy access to the Golden Triangle area in California, the 9,000-square-foot center traded for $8 million. <\/p>\n","protected":false},"author":748,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21742,21749,15],"tags":[34155,33902],"class_list":["post-1004366114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-latest","category-retail","category-west","tag-carlos-lopez","tag-hanley-investment-group"],"acf":[],"yoast_head":"\nHanley Investment Brokers Beverly Hills Retail Sale - 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-brokers-beverly-hills-retail-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hanley Investment Brokers Beverly Hills Retail Sale\" \/>\n<meta property=\"og:description\" content=\"Providing easy access to the Golden Triangle area in California, the 9,000-square-foot center traded for $8 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-brokers-beverly-hills-retail-sale\/\" \/>\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=\"2019-11-06T10:37:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T05:53:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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-brokers-beverly-hills-retail-sale\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-brokers-beverly-hills-retail-sale\/\",\"name\":\"Hanley Investment Brokers Beverly Hills Retail Sale - 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