{"id":1004420413,"date":"2020-04-21T00:39:44","date_gmt":"2020-04-21T08:39:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004420413"},"modified":"2025-02-26T03:22:48","modified_gmt":"2025-02-26T11:22:48","slug":"hanley-investment-closes-minneapolis-retail-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hanley-investment-closes-minneapolis-retail-deal\/","title":{"rendered":"Hanley Investment Closes Minneapolis Retail Deal"},"content":{"rendered":"
\"\"<\/a>

Bank of America. Image courtesy of Hanley Investment Group<\/i><\/p><\/div>\n

Hanley Investment Group has arranged the disposition of a newly built Bank of America property in Brooklyn Center, Minn. The absolute triple-net ground lease asset traded for $2.7 million in an all-cash transaction.<\/p>\n

Axia Real Estate Group\u2019s Carlos Aguilar assisted the buyer, a private investor. Hanley Investment Executive Vice Presidents Jeff Lefko and Bill Asher brokered the deal on behalf of the seller and developer, TOLD Development Co. The firm acquired the land in 2018 for $750,000 from the Economic Development Authority of Brooklyn Center, according to Hennepin County records.<\/p>\n

Located on 1 acre at 2545 County Road 10, the free-standing, 4,370-square-foot building opened in late 2019. The property is close to Shingle Creek Crossing, an 800,000-square-foot retail center anchored by LA Fitness, TJ Maxx and a Walmart Supercenter. Additionally, the site is 7 miles north of downtown Minneapolis.<\/p>\n

Last month, Hanley Investment brokered the sale of a 174,136-square-foot retail asset in Lincoln<\/a>, Neb. The company assisted the seller, Perkins Properties.<\/p>\n

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

Executive Vice Presidents Jeff Lefko and Bill Asher assisted the seller, TOLD Development Co.<\/p>\n","protected":false},"author":867,"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":[21743,21783,13,36076,21742,21749],"tags":[33250,33902],"class_list":["post-1004420413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-midwest","category-minneapolis-st-paul","category-latest","category-retail","tag-bank-of-america","tag-hanley-investment-group"],"acf":[],"yoast_head":"\nHanley Investment Closes Minneapolis Retail Deal - 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-closes-minneapolis-retail-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hanley Investment Closes Minneapolis Retail Deal\" \/>\n<meta property=\"og:description\" content=\"Executive Vice Presidents Jeff Lefko and Bill Asher assisted the seller, TOLD Development Co.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-closes-minneapolis-retail-deal\/\" \/>\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=\"2020-04-21T08:39:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:22:48+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=\"Pavel Cazacu\" \/>\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-closes-minneapolis-retail-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-closes-minneapolis-retail-deal\/\",\"name\":\"Hanley Investment Closes Minneapolis Retail Deal - 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